XRP nearing historic $2 milestone
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The New York Department of Financial Services is anticipated to approve Ripple Labs’ RLUSD stablecoin in the coming days, according to Fox Business sources. According to a Fox Business article from Nov. 29, approval of the dollar-pegged stablecoin by the New York banking regulator could see the product launch as early as Dec. 4.
As XRP nears the $2 mark, the market is closely watching XRP's performance, with many speculating that this surge could be the beginning of a longer-term upward trend.Tomiwabold is a cryptocurrency analyst and an experienced technical analyst. He pays close attention to cryptocurrency research, conducting comprehensive price analysis and exchanging predictions of estimated market trends. Tomiwabold earned his degree at the University of Lagos.
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