Ripple CEO: Demand for yen stablecoins is "only a matter of time", but no plans to launch yen stablecoins yet

This article is machine translated
Show original
Ripple CEO Brad Garlinghouse recently told Bloomberg that Japan's efforts in regulatory clarity have allowed "entrepreneurship and investment to really flourish," even though the market is conservative in some ways. The demand for yen stablecoins is "only a matter of time," but Ripple will focus first on dollar stablecoins and has no plans to launch yen stablecoins. Previously, Ripple Labs first tested its Ripple USD (RLUSD) on XRPL and Ethereum mainnet in August.


Source
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
Like
Add to Favorites
Comments