Ripple RLUSD, Release Date Delayed… "Awaiting Approval"

Uk Jin

Summary

The release of Ripple's stablecoin RLUSD is expected to be delayed.
Ripple stated that they are awaiting final approval from the New York Department of Financial Services.
The existing RLUSD was scheduled for release on the 4th, but changes are anticipated.

The release date of Ripple (XRP)'s stablecoin RLUSD, which was scheduled for today, is expected to be slightly delayed.

On the 5th, Ripple announced through its official X (Twitter) that "the self-issued stablecoin RLUSD will not be released today. Currently, we are awaiting final approval from the New York Department of Financial Services (NYDFS) and plan to share the updated schedule soon."

The existing RLUSD was initially scheduled to be released on the 4th (local time).