Ripple is underscoring the critical role of infrastructure in the success of stablecoins, focusing on its RLUSD stablecoin. Jack McDonald, CEO of Standard Custody and SVP of Stablecoins at Ripple, emphasized the necessity of interoperability, transparency, and scalability for stablecoin adoption. RLUSD, issued on both the XRP Ledger and Ethereum, embodies these principles. Ripple ensures trust through monthly reserve reports and plans to enhance the XRP Ledger with privacy features, balancing transparency and security. These initiatives highlight Ripple's commitment to advancing financial technology infrastructure.
Ripple Stresses Infrastructure's Role in Stablecoin Success with RLUSD
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