Ripple President Monica recently discussed the increasing importance of stability in today's changing digital finance landscape.
After his performance at Stripe Sessions, after discussing why companies can no longer afford to ignore Stablecoine, Ripple's president shared some of the main knowledge.
Long sketched Three big ones have learned, navigating the chip chain payments in the complex world. First, it noted for a long time that the chain chain payments require connectivity to local tracks, and this connectivity depends on whether the bank partners have regulatory comfort and clarity. “We are now in a remarkably better place than 2 years ago,” he added, suggesting that the global regulatory environment gradually supports the integration of digital property.
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Despite the call for a software provider, Long drew attention to this important challenges. Ripple, which now has more than 60 licenses around the world, has decided to meet the approach to ensure various jurisdictions.
As the market grows, stability requires liquidity in global currencies to compete with traditional FX markets, adding it as a “next industry challenge”.
Rlusd can get a stable market expanding traction
Long's comments come as the stable market expands, with the entire Stablecoin market capitalization more recently exceeding $ 240 billion.
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Ripple's Rlus Stablecoin has collected traction since its launch in December 2024. Ripple has integrated Rlusd Ripple into payments and has announced the acquisition of Hidden Road, which uses RLUSD as collateral for its customers, creating a critical bridge between crypto and traditional finances.
Rlusd is now available on new shifts, including Kraken and last twins, in addition to used in liquidity pools such as Aave and Curve Finance.
According to Coinmarketcap, RLUS has exceeded the market value of $ 300 million, currently $ 316 million. In the last 24 hours, Ripple's USD volumes have risen by 109%, exceeding $ 186 million.
