
🚨New York OFFICIALLY Proposed GENIUS Act-Aligned Stablecoin Rules — Ripple’s RLUSD Could Be A BIG Winner 🤯🇺🇸🔥 New York’s Department of Financial Services (@NYDFS) has OFFICIALLY proposed a NEW stablecoin framework aligned with the federal GENIUS Act. 👀 And guess what? @Ripple has ALREADY received NYDFS approval for $RLUSD. ✅ 📅 10-day pre-proposal comment period is now open 📅 60-day formal public comment period follows 📅 Once FINALIZED, the rules are expected to take effect alongside the GENIUS Act, with a 1-year compliance runway for existing NYDFS-regulated issuers. @Ripple’s $RLUSD could enter the federal stablecoin era ALREADY positioned for compliance. 🚀🔥
