RLUSD Launch: Justin Sun Hints At Ripple’s Stablecoin Launch On Tron

The post RLUSD Launch: Justin Sun Hints At Ripple’s Stablecoin Launch On Tron appeared first on Coinpedia Fintech News

Ripple Labs has intensified testing its stablecoin, RLUSD, as it aims to expand its role in the growing stablecoin ecosystem. Recent transactions revealed the minting of nearly 10 million RLUSD tokens on the XRPL. These developments come as Ripple nears a potential approval in New York, which marks a significant milestone for its blockchain-based payment network. 

According to Fox Business, Ripple is expected to launch RLUSD on Dec. 4, following approval by the New York Department of Financial Services.

With the crypto community anticipating the launch, the blockchain platform has warned users not to associate with any tokens claiming to be RLUSD until an official announcement is made. Moreover, a recent X post from Tron founder Justin Sun has further increased the anticipation of the forthcoming stablecoin. 

When $XRP RLUSD on Tron $TRX