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As reported by U.Today, the highly anticipated stablecoin Ripple USD (RLUSD) has officially been launched after months of anticipation. The news has sent shockwaves throughout the crypto community, with many experts hailing it as a “game-changer” for the industry.
One such expert is a veteran of SWIFT, who emphasized that RLUSD’s emphasis on regulatory compliance sets it apart from other stablecoins in the market. According to reports, Ripple has been actively engaging with regulatory bodies to ensure the stablecoin meets all necessary requirements and standards.
This move by Ripple USD is seen as a significant step forward for the industry as a whole. As the world becomes increasingly interconnected, it’s crucial that digital assets comply with existing financial regulations to gain mainstream acceptance.
While some experts are skeptical about RLUSD’s potential impact on the market, many agree that this development will have a lasting influence on the cryptocurrency landscape in years to come.
Source: u.today
