Ripple executives Rahul Advani and Caren Tso have called for global regulatory convergence to ensure stablecoin interoperability, warning that inconsistent rules across jurisdictions could fragment the market. Speaking at the Point Zero Forum, they highlighted the growing use of stablecoins in B2B payments, digital payroll, and tokenized settlements, underscoring their role in bridging traditional and digital finance.
Additionally, a coalition of financial associations has urged the Basel Committee to reconsider its proposed Cryptoasset Exposures Standard, suggesting that stringent capital requirements could limit bank involvement in digital assets. Ripple's collaboration with SBI Holdings to distribute RLUSD in Japan exemplifies a model for regulated innovation, demonstrating the potential for compliance and global interoperability to coexist.
Ripple Calls for Global Regulatory Alignment on Stablecoin Fungibility
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