Once RLUSD is available, Ripple plans to use both RLUSD and XRP in its cross-border payments solution.
Ripple is preparing to launch its United States dollar-pegged stablecoin Ripple USD (RLUSD). The cryptocurrency community highly anticipates the launch, which is expected on Dec. 4.
According to Fox Business, Ripple is expected to launch RLUSD on Dec. 4, following approval by the New York Department of Financial Services.
The blockchain firm has cautioned against tokens claiming to be RLUSD or Ripple USD until an official announcement confirms the launch.
