{"id":4087,"date":"2024-12-11T20:16:42","date_gmt":"2024-12-11T20:16:42","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=4087"},"modified":"2024-12-11T20:16:42","modified_gmt":"2024-12-11T20:16:42","slug":"xrp-price-explodes-20-to-2-43-after-ripple-receives-rlusd-stablecoin-approval","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=4087","title":{"rendered":"XRP Price Explodes 20% To $2.43 After Ripple Receives RLUSD Stablecoin Approval"},"content":{"rendered":"<div>\n<p><strong>Ripple<\/strong>\u2018s native token (CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/xrp\/usd\">XRP<\/a>) has skyrocketed 20% over the last 24 hours, trading at $2.43, significantly outpacing <strong>Bitcoin<\/strong>&#8216;s (CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/btc\/usd\">BTC<\/a>) 5% rise to $100,500. <\/p>\n<p>The rally comes after Ripple Labs secured approval from the New York Department of Financial Services (NYDFS) for its RLUSD stablecoin on Tuesday, marking a pivotal step in Ripple&#8217;s expansion <a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/24\/12\/42423570\/ripple-secures-nydfs-approval-for-rlusd-stablecoin-xrp-price-up-9\">into the burgeoning stablecoin market.<\/a><\/p>\n<p><strong>What Happened: <\/strong>Ripple&#8217;s RLUSD, pegged to the U.S. dollar, has been heralded as a game-changer for the company, with CEO <strong>Brad Garlinghouse<\/strong> confirming the approval on <strong>X<\/strong> (formerly <strong>Twitter<\/strong>).<\/p>\n<p>&#8220;When RLUSD is live, you&#8217;ll hear it from Ripple first,&#8221; he said, indicating that exchange and partner listings for the stablecoin are imminent.<\/p>\n<p>The NYDFS approval ensures RLUSD complies with stringent regulatory standards, enabling Ripple to operate within New York&#8217;s robust financial ecosystem. <\/p>\n<p>The &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/24\/12\/42446237\/xrp-price-explodes-20-to-2-43-after-ripple-receives-rlusd-stablecoin-approval\" alt=\"XRP\" price explodes to after ripple receives rlusd stablecoin approval>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Ripple\u2018s native token (CRYPTO: XRP) has skyrocketed 20% over the last 24 hours, trading at $2.43, significantly outpacing Bitcoin&#8216;s (CRYPTO: BTC) 5% rise to $100,500. The rally comes after Ripple Labs secured approval from the New York Department of Financial Services (NYDFS) for its RLUSD stablecoin on Tuesday, marking a pivotal step in Ripple&#8217;s expansion [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-4087","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/4087","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=4087"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/4087\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=4087"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=4087"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=4087"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}