Stablecoin

<ul class="news-points"> 
 <li><strong>JackTheRippler shows confidence in Ripple’s proposed stablecoin.</strong></li> 
 <li><strong>he RLUSD will be pegged 1:1 by the U.S. Dollar.</strong></li> 
 <li><strong>The influencer believes the stablecoin would make XRP the bridge to other digital currencies.</strong></li> 
</ul> 
<p>The renowned crypto influencer JackTheRippler on X believes the proposed Ripple stablecoin (RLUSD) will take over the stablecoin market. In a recent post, JackTheRippler highlighted that the “high-quality U.S. stablecoin” will be pegged 1:1 by the U.S. Dollar, and XRP will become the bridge between stablecoins and any other <a href="https://coinedition.com/what-is-cryptocurrency-a-complete-beginners-guide/">digital currency</a>.</p> 
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   <p lang="en" dir="ltr">The stablecoin from <a href="https://twitter.com/Ripple?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">@Ripple</a> ( <a href="https://twitter.com/search?q=%24RLUSD&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">$RLUSD</a> ) will take over the stablecoin market. The high-quality U.S stablecoin will be pegged 1:1 by U.S Dollar! <a href="https://twitter.com/hashtag/XRP?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">#XRP</a> will be the bridge between stablecoins and every other digital currency. <a href="https://t.co/BcnLWYzO7j" target="_blank" rel="nofollow">pic.twitter.com/BcnLWYzO7j</a></p>— JackTheRippler ©️ (@RippleXrpie) <a href="https://twitter.com/RippleXrpie/status/1797054360288940242?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">June 1, 2024</a>
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<p>JackTheRippler shared a snippet of Brad Garlinghouse, Ripple’s CEO, commenting about the upcoming stablecoin in a CNBC interview. Responding to why Ripple is venturing into the stablecoin market, Garlinghouse explained that it relates to where the crypto market is going.</p> 
<p>The Ripple CEO noted that the stablecoins market…</p>
<p>The post <a href="https://coinedition.com/ripple-ceo-confident-over-proposed-stablecoin-despite-the-secs-criticism/">Ripple CEO Confident Over Proposed Stablecoin Despite The SEC’s Criticism</a> appeared first on <a href="https://coinedition.com">Coin Edition</a>.</p>

Ripple CEO Confident Over Proposed Stablecoin Despite The SEC’s Criticism

Coin Edition

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