Ripple's senior executive Recce Merrick says the company has spent years preparing for the surge in stablecoin usage as blockchain-based payments accelerate worldwide. Ripple's RLUSD Is The Answer In a Mar. 10 post on X, Merrick said the company's response is Ripple USD (CRYPTO: RLUSD), a dollar-backed stablecoin designed as an enterprise-grade product for institutional users entering the market.
Ripple's Been 'Building For This Moment For Years,' Executive Says
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Ripple senior executive Recce Merrick said in a Mar. 10 post on X that Ripple has spent years preparing for a surge in stablecoin usage and that Ripple USD (CRYPTO: RLUSD), a dollar-backed, enterprise-grade stablecoin for institutional users, is the company's response.
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