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Omor Ibne Ehsan

If You Like XRP, Here’s a Major Reason to Buy the Ripple Stablecoin

Ripple XRP Rail BNY

Most crypto investors associate Ripple with XRP (XRPUSD), a widely followed cryptocurrency. However, with the Securities and Exchange Commission warming up to crypto and President Donald Trump pushing for reduced restrictions on digital assets, Ripple received approval to launch its own stablecoin, known as Ripple USD (RLUSD) in December 2024.

Ripple first announced plans for RLUSD in April 2024, began beta testing in August 2024, and received final regulatory approval from the New York Department of Financial Services (NYDFS) on Dec. 10, 2024. 

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