Tether USDt

<ul><li>Ripple&#39;s upcoming stablecoin will feature transparent reserve audits, ensuring clarity on asset backing.</li><li>Designed for broad compatibility, Ripple&#39;s stablecoin will be accessible on both XRPL and Ethereum networks.</li><li>Approvals in strategic global markets reinforce Ripple&#39;s commitment to regulatory compliance.</li></ul>Ripple is set to <a href="https://cryptotale.org/ripple-ceo-unveils-stablecoin-plans-and-xrpledger-insights-at-paris-blockchain-week/" rel="noopener noreferrer nofollow">introduce a new stablecoin</a> backed by the US dollar, aiming to bridge the gap between cryptocurrency and traditional finance. In a <a href="https://twitter.com/bgarlinghouse/status/1781051002512183481" rel="noopener noreferrer nofollow">recent</a> interview with Maria Bartiromo on Fox Business, Ripple CEO Brad Garlinghouse shared insights into the company&#39;s strategic direction. He <a href="https://ripple.com/ripple-press/ripple-to-issue-usd-backed-stablecoin-bringing-more-utility-and-liquidity-to-xrp-ledger/" rel="noopener noreferrer nofollow">emphasized</a> the growing stablecoin market, currently valued at $150 billion and projected to reach over $2.8 trillion by 2028.<img src="https://academy-public.coinmarketcap.com/optimized-uploads/92489a1185ca4067ad621c4ef4ba568a.png" />Garlinghouse highlighted the competitive landscape, particularly pointing out the dominance of <a href="https://cryptotale.org/tether-invests-500-million-in-bitcoin-mining-to-diversify-assets/" rel="noopener noreferrer nofollow">Tether</a>, a non-US-based entity. He expressed confidence in Ripple&#39;s potential to carve out a significant market share, especially as US regulators seek to have stablecoins fall under local oversight. He remarked, &#34;The stablecoin market is set to expand considerably, and a US entity that prioritizes compliance will play a key role.”<a href="https://cryptotale.org/ripple-ceo-discusses-new-stablecoin-and-market-expansion-plans/" rel="noopener noreferrer nofollow">Read more on Cryptotale.</a>Visit the links for more information <a href="https://cryptotale.org/" rel="noopener noreferrer nofollow">Website</a> | <a href="https://twitter.com/cryptotalemedia" rel="noopener noreferrer nofollow">Twitter </a>| <a href="https://t.me/cryptotale_news" rel="noopener noreferrer nofollow">Telegram </a>| <a href="https://www.instagram.com/cryptotalenews/" rel="noopener noreferrer nofollow">Instagram </a>|

Ripple CEO Discusses New Stablecoin and Market Expansion Plans

CryptoTale

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