XRP (XRP-USD), the native cryptocurrency of the XRP Ledger, which was created by Ripple's founders, extended its strong bull run in Wednesday morning trading, surging 20%, after Ripple CEO Brad Garlinghouse said the private fintech company's much-anticipated stablecoin received final approval from the New York Department of Financial Services.

XRP prices are recovering from the broader crypto market crash earlier this year as the token was positively affected by news that Ripple's $RLUSD stablecoin has been approved by the NYDFS.

The XRP price surged over 6% in the last 24 hours after Ripple CEO Brad Garlinghouse said stablecoin RLUSD had received regulatory approval.

Ripple gains final NYDFS approval for its RLUSD stablecoin. Ripple hasn’t specified a launch date but says the listing will begin soon. Ripple’s CEO cautioned

XRP has surged significantly this month, driven by bullish momentum and widespread gains in the cryptocurrency market. Investor interest and positive

Ripples RLUSD Stablecoin Approval Ripples RLUSD stablecoin has received approval from the New York State Department of Financial Services, marking a significant milestone for the company. The stablecoin is pegged 1:1

RLUSD stablecoin approval from NYDFS secures Ripple's entry into the market, aiming at institutional focus and USDC competition.

Ripple Labs’ RLUSD stablecoin has been approved by the New York Department of Financial Services (NYDFS), according to CEO Brad Garlinghouse.

XRP rose 8% after New York's top crypto regulator granted Ripple final approval for its RLUSD stablecoin, with listings coming soon.

Ripple’s RLUSD stablecoin has now received approval from the New York State Department of Financial Services (NYDFS). This is quite a big win for Ripple as