Ripple targets corporate treasuries for RLUSD expansion
Ripple is targeting corporate treasury flows as a major growth avenue for its RLUSD stablecoin, with executive Jack McDonald pointing to customers of its treasury platform that process about $13 trillion in payments annually. McDonald, Ripple’s senior vice-president of stablecoins, said the company sees an opportunity to place RLUSD more deeply into the day-to-day movement of corporate cash,…
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