The Ripple stablecoin would help attract more institutional participants into the crypto ecosystem and help establish robust regulatory controls.
Ripple’s stablecoin, which is yet to receive an official name, aims to be a United States dollar-pegged digital asset.
Ripple — a well-known player in the blockchain and cross-border peer-to-peer payments space — announced its foray into the stablecoin market in early 2024. This initiative could significantly impact the company and the broader cryptocurrency landscape.
