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Raghuram Rajan Joins Ripple to Guide RLUSD Stablecoin’s Growth and Compliance
In a significant development in the world of digital finance, it has been announced that former Governor of the Reserve Bank of India, Raghuram Rajan, has joined Ripple’s advisory board. The esteemed expert will be guiding Ripple’s RLUSD stablecoin growth and ensuring compliance with regulatory standards.
This addition comes as part of Ripple’s ongoing efforts to strengthen its RLUSD offering by tapping into a wealth of experience from top financial leaders. The appointment of such influential figures underscores Ripple’s commitment to innovation and compliance in the digital finance sector.
The newly appointed advisory board members will be instrumental in guiding RLUSD on crucial matters including financial, regulatory, and operational aspects. Their collective expertise will undoubtedly enable Ripple to maintain its stance as a leader in the stablecoin market.
In his new role, Rajan will leverage his extensive experience in central banking and macroeconomic policy to ensure RLUSD’s stability and growth within regulatory frameworks. This move is expected to have a significant impact on the future of blockchain technology.
The addition of experts like Rajan highlights Ripple’s focus on trust and transparency as it continues to push the boundaries of digital finance.
Source: cryptonewsland.com
