It is now confirmed! The Ripple USD (RLUSD) stablecoin has been officially launched by the titular San Francisco-based crypto company. At present, the stablecoin is intended to run on two networks concurrently: Ethereum and,

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 launches RLUSD stablecoin on Ethereum and XRP Ledger with 1:1 USD backing, now available on global exchanges with strategic partnerships across US, Asia, UK and Middle East markets.