Ripple's new stablecoin RLUSD is gaining significant traction in the crypto market, and Bitstamp, a well-known cryptocurrency exchange, is at the forefront of its promotion. The excitement around RLUSD has been amplified by an interview with Jack McDonald, a senior vice president at Ripple, who is actively involved in managing the stablecoin's operations.
McDonald's insights suggest that Ripple is keen on expanding RLUSD's presence in the crypto industry. The endorsement by Bitstamp is a vital step in achieving this goal, providing a reputable platform for traders to engage with RLUSD.