Ripple Labs mints 13.9 million RLUSD tokens across XRP Ledger and Ethereum Network during final testing phase, while XRP price reaches $2.35 amid growing anticipation for the regulated stablecoin's launch.

XRP is soaring after its creator, Ripple, announced that its planned and unrelated RLUSD stablecoin has finally received regulatory approval and is preparing to launch “soon.” XRP is up 11% in the last 24 hours,

Ripple’s RLUSD stablecoin is approved by NYDFS and minting 13.9 million tokens across XRP and Ethereum. Explore its potential in the crypto space

Ripple mints 13.9M RLUSD stablecoins across XRP Ledger and Ethereum, aiming for DeFi integration after NYDFS approval.

Ripple gains final NYDFS approval for its RLUSD stablecoin. Ripple hasn’t specified a launch date but says the listing will begin soon. Ripple’s CEO cautioned

Ripple's stablecoin RLUSD is likely to go live today, December 4, after securing approval from the New York Department of Financial Services.

Blockchain payment firm Ripple Labs Inc. recently transferred 380 million XRP, valued at over $915 million, to an unknown wallet. This move has raised discussion within the crypto community regarding the impact on the price of XRP, Ripple’s associated native token. The news also comes on the heels of the approval of Ripple’s stablecoin, RLUSD.

Ripple plans to launch the RLUSD stablecoin today if it is approved, as expected. Justin Sun, the founder of Tron (TRX) and BitTorrent owner, has hinted at his 3.7 million followers about a potential RLUSD release on Tron (TRX).

The XRP price surged over 6% in the last 24 hours after Ripple CEO Brad Garlinghouse said stablecoin RLUSD had received regulatory approval.

Ripple has achieved a major milestone with the New York Department of Financial Services (NYDFS) approving its RLUSD stablecoin. RLUSD, a dollar-pegged stablecoin built on the XRP Ledger, is designed for efficient cross-border payments while maintaining a 1:1 parity with the US dollar.