Ripple stablecoin chief identifies $13 trillion corporate treasury opportunity for RLUSD
Source Summary
Ripple's stablecoin RLUSD, valued at $2.4 billion, is experiencing growth driven by payments and capital markets activity. Jack McDonald, the firm's stablecoin chief, highlighted a $13 trillion opportunity in corporate treasuries and announced plans to expand RLUSD to Europe under the MiCA regulatory framework.
Why it matters
The expansion of RLUSD into European markets under MiCA compliance and the identified corporate treasury opportunity could significantly broaden the stablecoin's use cases and market reach.
