Ripple has announced that its stablecoin, RLUSD, has gained official approval, marking a significant development for the company. CEO Brad Garlinghouse expressed optimism about the stablecoin's potential to simplify global payments and increase Ripple's liquidity. The RLUSD is designed to maintain a 1:1 value with the US dollar, similar to other major stablecoins. This approval could boost Ripple's market position and may impact the XRP price positively, leading to speculation about its potential to reach 10 euros by December.