Ripple Exec Warns: Banks Without A Stablecoin Strategy ‘Will Get Left Behind’
Ripple’s Middle East and Africa boss has a blunt message for the banking sector: if you still do not have a stablecoin strategy, you are already behind the curve. “Look, I think there’s no bank, financial institution, payment entity that is not thinking, talking or incorporating a stablecoin strategy,” Ripple’s Reece Merrick told CNBC in […]
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Ripple Labs could be exploring the launch of a dirham-backed stablecoin in the United Arab Emirates (UAE), expanding beyond its existing US-dollar-backed stablecoin, RLUSD. This speculation arises following Ripple’s newest blog post dated November 7, 2024, titled “UAE Stablecoin Regulation: A Blueprint for Financial Innovation.” The post hints at significant interest by Ripple in a […]
Ripple’s RLUSD stablecoin is a potential game-changer in the rapidly expanding stablecoin market, which is projected to reach trillions of dollars. With SBI Holdings planning to bring RLUSD to Japan, the stablecoin could be integrated alongside XRP, positioning Ripple for a stronger role in global payments. RLUSD To Propel Ripple Into Global Spotlight A recent […]
Ripple Labs is on the verge of receiving approval from New York’s top crypto regulator for its new stablecoin, RLUSD. According to a Fox Business report, the New York Department of Financial Services (NYDFS) is expected to greenlight the stablecoin, with a potential launch date set for December 4. Ripple Set To Launch RLUSD Stablecoin […]
Ripple CTO David Schwartz said the firm is currently working on a non-fungible token (NFT) strategy. He added that based on observations, people care little about the underlying technology, only the NFT itself and the user experience. “Ripple is currently working on an NFT strategy. I think the key element here is the user experience, […]
Ripple CEO Brad Garlinghouse moved to puncture speculation that the company’s new US dollar stablecoin, RLUSD, has displaced XRP at the core of the company’s strategy, telling Crypto in America reporter Eleanor Terrett that XRP remains foundational even as it routes transactions over multiple assets depending on corridor economics and customer needs. Ripple CEO Sets […]