Ripple received approval to issue RLUSD from the New York State Department of Financial Services earlier this month.
Tanaya Macheel is a Markets and Crypto Investing Reporter at CNBC. She covers a range of topics including cryptocurrency, Bitcoin, and trading trends, with a particular focus on key players like Coinbase and MicroStrategy. Tanaya's insights have been featured in various outlets, including NBC News and The West Australian, and she also hosts CNBC's daily digital show 'Crypto World.'