Ripple Steps Towards RLUSD Launch By Saying Change Companions for Its Stablecoin, Awaits Approval From NYDFS

MIAMI, U.S. – Ripple named trade and market maker companions for its upcoming dollar-pegged stablecoin, RLUSD, on Tuesday on the Ripple Swell 2024 convention in Miami, Florida. The agency additionally added ex-Federal Deposit Insurance coverage Company (FDIC) chair, Sheila Bair, and David Puth, the previous CEO of Centre, a consortium which set requirements for USD Coin (USDC), to the advisory board for its stablecoin.