Ripple RLUSD, Launch Delayed... "Coordinating with Institutions"
Bloomingbit Newsroom
Summary
- Ripple's stablecoin RLUSD launch date has been delayed.
- Ripple stated that they are currently coordinating final approval with the New York Department of Financial Services (NYDFS).
- The initial launch of RLUSD was scheduled for the 4th but has been postponed.
The launch date for Ripple (XRP)'s stablecoin RLUSD, which was scheduled for today, is expected to be delayed.
On the 5th, Ripple announced through its official X (Twitter) that "our stablecoin RLUSD will not be launched today. We are currently coordinating final approval with the New York Department of Financial Services (NYDFS) and will share updates on the progress." The initial launch of RLUSD was scheduled for the 4th (local time).
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