XRP News: Ripple Token Tops $100 Billion as RLUSD Nears Approval

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XRP News: Ripple Token Tops $100 Billion as RLUSD Nears Approval
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The surge brought 7-day gains to 30%, outperforming bitcoin (BTC) and other majors, while 30-day gains stand at nearly 300%, data from CoinGecko show.

The surge brought 7-day gains to 30%, outperforming bitcoin and other majors, while 30-day gains stand at nearly 300%, data from CoinGecko show.Ripple will soon be allowed to legally offer RLUSD to the public if approved, with a possible launch date of Dec. 4.XRP flipped a $100 billion market capitalization late Saturday as a multiweek rally showed no signs of pausing amid multiple catalysts over the past weeks.

The surge brought 7-day gains to 30%, outperforming bitcoin and other majors, while 30-day gains stand at nearly 300%, data from CoinGecko show.report that the New York Department of Financial Services had indicated to payments firm Ripple — closely related to XRP — about approving the company’s RLUSD stablecoin.

Several fundamental and regulatory developments have pushed the XRP price in the past weeks, with bulls now eyeing the $2 mark in a sign of renewed strength for the previously embattled token.

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