Ripple targets year-end RLUSD stablecoin launch

Ripple (XRP) aims to launch its RLUSD stablecoin by year-end, despite potential holiday delays, says CTO David Schwartz. The stablecoin, tested in August, will operate on the XRP Ledger and Ethereum, with major exchanges and market makers supporting liquidity. Regulatory approval from NYDFS remains a key hurdle, The Block has reported.