Dossier
New York Department of Financial Services (NYDFS)
Coverage of New York Department of Financial Services (NYDFS) in the Nexus archive.
- Wanchain just made $RLUSD cross-chain and DeFi Twitter is asleep
Wanchain has enabled cross-chain functionality for RLUSD, a regulated stablecoin custodied by BNY Mellon and approved by NYDFS and OCC, across XRP Ledger, Ethereum, Wanchain, and Cardano. The decentralized bridge allows DeFi applications like cross-chain lending, arbitrage, and yield farming without centralized exchanges.