Ripple secures NYDFS greenlight to launch RLUSD stablecoin
Ripple secures NYDFS greenlight to launch RLUSD stablecoinBard Garlinghouse confirmed the regulator approval, stating the stablecoin will go live soon.
Happy Wednesday!Ripple has made headlines today by securing approval from the New York Department of Financial Services (NYDFS) for its upcoming RLUSD stablecoin, with CEO Brad Garlinghouse confirming that it will launch soon. In other news, Goldman Sachs is exploring opportunities in crypto market-making for Bitcoin and Ethereum, contingent on regulatory shifts in the U.S., as CEO David Solomon emphasizes the potential of cryptocurrencies. Meanwhile, Microsoft shareholders have voiced their opposition to a Bitcoin treasury allocation in a preliminary vote, although the company continues to monitor market developments. Stay tuned for more insights on these pivotal movements in the crypto landscape! LATEST SLATECAST 🎙️ Markus Maier on how Nudge is revolutionizing DeFi with reallocation rewards 🚀Are you a Web3 marketer? Join our new Web3 Marketing Insights channel here https://t.me/cryptoslate_web3. We’ll be sharing tips, strategies, and special announcements to help web3 marketers level up their game. The global crypto market cap is $3.6 trillion, with a 24-hour volume of $263.27 billion. The price of Bitcoin is $100,439.71, and BTC market dominance is 55.4%. The price of Ethereum is $3,790.53, and ETH market dominance is 12.7%. The best-performing sector is Base Ecosystem, which gained 18%. The Crypto Fear & Greed Index is currently Greed (74). 📰 Top NewsRipple secures NYDFS greenlight to launch RLUSD stablecoinBard Garlinghouse confirmed the regulator approval, stating the stablecoin will go live soon. Goldman Sachs eyeing crypto market-making for Bitcoin, Ethereum if US regulations shiftDavid Solomon acknowledged crypto as an interesting technology during the Reuters Next event, says there are no reputational risks in them. Microsoft shareholders oppose Bitcoin treasury allocation in preliminary voteDespite not adding Bitcoin to its treasury for now, the company's board of directors stated that it continues to monitor trends and developments related to this market. Ad: Prestmit App: The Best Way to Sell Crypto in Nigeria SeamlesslyDeveloped by Prestmit Technologies Ltd, the user-friendly app offers low transaction fees, real-time market updates, and 24/7 customer support for seamless trading. Latest Insights
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