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RippleLabs is conducting a new Stable Coin product RLUSD mint transfer test
BlockBeats news, on December 3, Ripple Labs conducted testing of its new Stable Coin product RLUSD, including Tokenmint and transfer, on the XRP Ledger and ETH blockchain. Over the past few months, Ripple Labs has been continuously testing RLUSD to join the rapidly rising Stable Coin ecosystem. This latest minting produced approximately 9,999,700 RLUSD Tokens, with XRP Ledger index at 146. BlockBeats previously reported that the New York Department of Financial Services has reportedly informed Ripple that it will approve its launch of a new Stable Coin product called RLUSD, which is planned to be launched on December 4th.