CandleFocus XRP Community Gets Crucial Warning Ahead of RLUSD Launch, Here's Why
2024-12-11
Author: Content Editor
Ripple has issued a warning to the XRP community regarding the upcoming launch of their RLUSD stablecoin. With final approval from the New York State Department of Financial Services (NYDFS), RLUSD has gained attention from bad actors looking to take advantage of its launch. Ripple CEO Brad Garlinghouse confirms the approval and announces that exchange and partner listings will be available soon. It is important for community members to wait for the official launch and exercise caution, as there may be scams attempting to exploit Ripple's brand. Once launched, RLUSD will be used alongside XRP in Ripple's cross-border payment solution, improving the user experience.
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