Digital payment network Ripple plans to launch its long-awaited RLUSD stablecoin today after months of anticipation. Ripple CEO Brad Garlinghouse posted on X that RLUSD will launch on Dec. 17. Following the announcement, Ripple’s native cryptocurrency, XRP, surged 13% in the past 24 hours and is currently trading at $2.62, according to CoinGecko data . This latest rally brings XRP’s year-to-date (YTD) gains to 322%. To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io
