Pro-XRP Lawyer Dismisses SEC’s Claims on Ripple RLUSD Launch
Ripple has recently released RLUSD, enterprise grade stablecoin on global exchanges; the move has reignited discussions about its compliance status. Supported by deposits in US dollar, government bonds, and other cash equivalent instruments, the RLUSD is expected to increase liquidity and usability on the blockchain. Although the New York Department of Financial Services (NYDFS) gave…