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Ripple CEO Brad Garlinghouse Breaks Silence on RLUSD Stablecoin Launch
In a surprising move, Ripple has finally broken its silence regarding the launch of its stablecoin, RLUSD. In a recent statement, Ripple CEO Brad Garlinghouse shed light on the project’s progress and goals.
According to sources close to the matter, Ripple Payments will start utilizing RLUSD for its enterprise clients early next year. This development marks a significant milestone for Ripple, as it further cements the company’s commitment to providing innovative financial solutions.
Garlinghouse emphasized that the RLUSD advisory board will be led by respected industry figures such as Raghuram Rajan, former Governor of the Reserve Bank of India, and Kenneth Montgomery, former First Vice President and Chief Operating Officer of the Federal Reserve Bank of Boston. This move is a testament to Ripple’s dedication to ensuring the stability and growth of RLUSD.
Ripple Payments has already achieved impressive feats, having processed $70 billion in payments volume with a global reach that covers nearly 90% of the daily FX market through its vast network of 90 payout marketplaces.
Source: u.today
