Ripple plans to promote the RLUSD stablecoin on more exchanges
Ripple's Senior Vice President of Stablecoins, Jack McDonald, revealed that the company is planning to list its US dollar-pegged stablecoin RLUSD on more exchanges, including those in the United States. McDonald anticipates that by the end of 2025, more exchanges will support RLUSD. He also noted that the future stablecoin market will be dominated by issuers with institutional backing and compliance capabilities, while smaller issuers will face challenges due to high compliance costs.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Privasea completes Series A financing with a valuation of 180 million US dollars