Ripple CEO Brad Garlinghouse has hinted at the imminent launch of the company’s stablecoin, Ripple USD (RLUSD). He highlighted RLUSD's potential to become the benchmark for enterprise-grade stablecoins, focusing on trust, liquidity, and regulatory compliance.
This move could propel Ripple to a dominant position in the stablecoin market. Garlinghouse's announcement during Ripple's Swell event underscores the company's commitment to expanding its influence in the cryptocurrency sector.