Ripple: Is currently synchronizing with NYDFS for the final approval of the RLUSD token, and will not be launched today

ChainCatcher news, Ripple posted on X: "Despite some speculation, RLUSD will not launch today. We are synchronizing with the New York Department of Financial Services (NYDFS) for final approval and will share the latest updates with everyone as soon as possible. We are fully committed to operating under the supervision of the NYDFS."

Previous news revealed that insiders disclosed Ripple is about to receive approval from the New York Department of Financial Services (NYDFS) to issue the stablecoin RLUSD, which is expected to officially launch on December 4, 2024.