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As reported by U.Today, the highly anticipated stablecoin, Ripple USD (RLUSD), has officially launched, marking a significant milestone in the cryptocurrency space. In related news, Solana (SOL) appears to be experiencing a frightening downtrend that may leave investors shaken.
The RLUSD launch comes after months of anticipation and speculation. As announced by Ripple’s Jack McDonald, it is being added to the list of greenlisted coins on the New York State Department of Financial Services website, marking another milestone in the regulatory compliance of the company.
As per Ripple’s emphasis on regulatory compliance, RLUSD will be one of the few fully regulated stablecoins in the market.
Source: u.today
