Ripple received approval to issue RLUSD from the New York State Department of Financial Services earlier this month.

The dollar-pegged Ripple USD (RLUSD) will begin trading Tuesday across Ethereum and XRP Ledger, Ripple said Monday.

Ripple's CTO David Schwartz cautioned investors about potential volatility and a "supply shortage" following the launch of RLUSD.

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,

Crypto firm Ripple Labs announced on Monday the launch of a U.S. dollar-pegged stablecoin after securing approval from the New York State Department of Financial Services last week. The token, dubbed RLUSD,

Ripple has finally announced that the launch of its highly-anticipated stablecoin RLUSD is all set for tomorrow. Fox Business journalist Eleanor Terrett shared that the stablecoin will initially be accessible on Uphold,

Blockchain company Ripple is releasing its own long-awaited stablecoin tomorrow after receiving approval from the New York Department of Financial Services (NYDFS) last week. The coin, named RLUSD, is an effort to advance Ripple’s goal of becoming the go-to network for international payments.

Ripple’s RLUSD stablecoin shows a valuation of $1,200 on some XRP wallets. Ripple CTO David Schwartz attributes the price spike to pre-launch supply shortages and