Recent data from XrpScan reveals that the RLUSD Treasury minted approximately 9.9997 million RLUSD tokens around 13 hours ago, suggesting ongoing testing of the RLUSD stablecoin. Insiders have indicated the New York Department of Financial Services has communicated to Ripple its intention to approve the issuance of the RLUSD stablecoin.

Ripple is planning to officially launch this stablecoin on December 4..