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Ripple CEO Announces Approval For RLUSD Stablecoin By New York Regulators

  • Ripple CEO Brad Garlinghouse announces approval for RLUSD stablecoin by New York regulators
  • Ripple aims to provide a reliable option for clients interested in digital currencies while limiting volatility
  • Ripple likely to obtain a limited purpose trust charter to operate efficiently in New York's regulatory climate
  • Garlinghouse calls for clear regulations in the crypto industry to maintain US leadership

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