RLUSD：Ripple 通往穩定幣市場的門戶

Ripple 的美元支援穩定幣 RLUSD 將於 12 月 4 日在紐約正式首次亮相。據報道，紐約金融服務部 (NYDFS) 已準備好批准該新產品。

Ripple's dollar-backed stablecoin, RLUSD, is set to launch in New York on December 4, with the New York Department of Financial Services (NYDFS) poised to approve the new product. This will allow Ripple to enter the highly regulated New York finance market with its core business, which is built around RippleNet and enables faster, cheaper international payments through blockchain technology. With RLUSD, Ripple aims to expand its reach by offering businesses a less risky way to use the blockchain for financial transactions.

Ripple 的美元支援穩定幣 RLUSD 將於 12 月 4 日在紐約推出，紐約金融服務部 (NYDFS) 準備批准該新產品。這將使 Ripple 能夠以其核心業務進入高度監管的紐約金融市場，該業務是圍繞 RippleNet 構建的，並透過區塊鏈技術實現更快、更便宜的國際支付。 Ripple 旨在透過 RLUSD 為企業提供一種風險較小的使用區塊鏈進行金融交易的方式來擴大其影響力。

XRP's legal headache and Trump's crypto promises

XRP 的法律難題和川普的加密貨幣承諾

Ripple has been at the center of one of the most closely watched regulatory battles in crypto history. Since 2020, the company has faced a lawsuit from the SEC over allegations that XRP, its native cryptocurrency, is an unregistered security. The lawsuit sent XRP into a tailspin, with its price plummeting by over 50% and wiping $16 billion from its market cap. For years, XRP struggled to recover, with its value staying below $1 and Ripple's fight with the SEC remaining a major obstacle, dragging on for four years.

瑞波幣一直處於加密貨幣歷史上最受關注的監管鬥爭之一的中心。自 2020 年以來，該公司面臨 SEC 的訴訟，指控其原生加密貨幣 XRP 是一種未註冊的證券。該訴訟使 XRP 陷入混亂，其價格暴跌超過 50%，市值蒸發 160 億美元。多年來，XRP 一直在努力復甦，其價值一直低於 1 美元，而 Ripple 與 SEC 的鬥爭仍然是一個主要障礙，拖延了四年。

However, things changed after Donald Trump's re-election victory earlier this month. Trump's campaign promises to make the U.S. the “crypto capital of the planet” have reignited optimism in the crypto community. XRP saw a massive price jump following Trump's win, soaring to $1.70 and climbing back into the top five cryptocurrencies by market cap, now valued at over $99 billion.

然而，本月早些時候唐納德·特朗普贏得連任後，情況發生了變化。川普的競選承諾使美國成為“地球的加密貨幣之都”，這重新點燃了加密社區的樂觀情緒。川普獲勝後，XRP 價格大幅上漲，飆升至 1.70 美元，並重新躋身加密貨幣市值前五名，目前估值超過 990 億美元。

The change in political leadership will also ease Ripple's legal troubles. Many expect Trump's administration to take a more favorable stance toward crypto. Trump's team may even appoint a former Commodity Futures Trading Commission (CFTC) chair to oversee the regulatory overhaul, potentially dropping the SEC's case against Ripple altogether.

政治領導層的更迭也將緩解 Ripple 的法律困擾。許多人預期川普政府會對加密貨幣採取更有利的立場。川普的團隊甚至可能任命一位前商品期貨交易委員會（CFTC）主席來監督監管改革，從而有可能完全放棄 SEC 對 Ripple 的指控。

RLUSD: Ripple's gateway to the stablecoin market

RLUSD：瑞波幣進入穩定幣市場的門戶

The global stablecoin market is currently valued at $190 billion and growing fast. Unlike cryptocurrencies like XRP or Bitcoin, stablecoins are pegged to real-world assets, making them less volatile. They are used for everything from remittances to cross-border payments to everyday transactions, particularly in regions where traditional banking systems are slow or expensive.

全球穩定幣市場目前價值 1,900 億美元，並且正在快速成長。與 XRP 或比特幣等加密貨幣不同，穩定幣與現實世界的資產掛鉤，從而降低了波動性。它們用於從匯款到跨境支付再到日常交易的各種用途，特別是在傳統銀行系統速度緩慢或昂貴的地區。

RLUSD will directly compete with U.S.-issued stablecoins like Circle's USDC, Paxos' PAX, and Gemini's GUSD. These players are already established in New York, holding licenses from NYDFS. Ripple is expected to secure a trust charter, allowing it to offer RLUSD while meeting NYDFS's stringent standards for transparency, security, and consumer protection.

RLUSD 將直接與美國發行的穩定幣競爭，例如 Circle 的 USDC、Paxos 的 PAX 和 Gemini 的 GUSD。這些參與者已經在紐約成立，並持有 NYDFS 的許可證。 Ripple 預計將獲得信託章程，使其能夠提供 RLUSD，同時滿足 NYDFS 在透明度、安全性和消費者保護方面的嚴格標準。

This trust charter is a big deal. It offers companies like Ripple the ability to operate without the complexities of a full banking license while still providing regulated financial services. NYDFS has been a gatekeeper for crypto firms wanting to operate in New York, issuing licenses only to firms that meet its strict criteria.

這份信託章程意義重大。它為像 Ripple 這樣的公司提供了無需複雜的完整銀行牌照即可運作的能力，同時仍提供受監管的金融服務。 NYDFS 一直是希望在紐約營運的加密貨幣公司的看門人，並且只向符合其嚴格標準的公司發放許可證。