Ripple's stablecoin launch delayed due to development issues

Fox Business reporter Eleanor Terrett quoted Ripple's official tweet as saying, ‘The New York Department of Financial Services (NYDFS) is ready to approve the new stablecoin RLUSD issued by Ripple (XRP). According to sources, the expected launch date was today, but it was delayed due to development issues.’ Earlier, Ripple said that RLUSD will not be launched today (local time). We are currently coordinating final approval with the New York Department of Financial Services (NYDFS) and will share further progress in the future.’