Ripple Now Has Final Approval for RLUSD, and Listing Will Be Live Soon
Ripple has announced that it has received final approval for RLUSD, with partner listings set to go live soon. This development marks a significant milestone for Ripple and its XRP community, particularly following a recent 60-minute interview with CEO Brad Garlinghouse on December 8, 2024.
In the interview, Garlinghouse addressed the SEC’s ongoing lawsuit against Ripple, emphasizing that a federal judge ruled XRP is not a security. He criticized the media coverage for omitting this crucial detail.
On December 10, Garlinghouse took to X (formerly Twitter) to confirm the approval of RLUSD, stating, “Exchange and partner listings will be live soon.” He encouraged the community to stay tuned for updates from official sources.
This announcement is a positive sign for Ripple amid regulatory challenges, displaying the company’s resilience and commitment to innovation in the cryptocurrency space. The XRP community eagerly anticipates the future developments surrounding RLUSD and Ripple’s ongoing progress.
Navigating the Crypto Landscape: Industry Leaders Unite Amid Regulatory Challenges
In a related development, newly elected President Donald Trump for 2025 appointed David Sacks as the new crypto and AI czar. Sacks, a prominent entrepreneur and investor, is expected to play a critical role in shaping the future of these technologies under the current administration. Garlinghouse took to Twitter to congratulate Sacks, highlighting his comprehensive understanding of technology and expressing optimism about advancing pro-innovation plans in AI and crypto, declaring it a "dream team."
This Sunday, December 8, Brad Garlinghouse, CEO of Ripple, will appear on "60 Minutes" to discuss cryptocurrency's ongoing struggle for regulatory clarity in the U.S. His insights are highly anticipated as the crypto community seeks direction amid fluctuating regulations.
In the ever-evolving world of cryptocurrency, the term "crypto czar" refers to a designated individual with major influence and authority over the regulation and promotion of cryptocurrency within a government or organizational context. This role is crucial, particularly as the industry grapples with the need for clear regulatory guidelines.
As these industry leaders step into their roles, the fate of regulatory clarity and innovation in the cryptocurrency field hangs in the balance, making this a pivotal moment for the sector in the United States.