Ripple’s stablecoin chief, Jack McDonald, said that the company’s institutional treasury clients handle annual transactions worth around $13 trillion. $XRP
He said in remarks that this massive volume of flows represents a “huge” opportunity for RLUSD, the stablecoin it is seeking to achieve a leading position in the institutional stablecoin market.
The figure reflects the scale of activity the company goes through via its institutional clients, which Ripple sees as fertile ground for expanding the use of its stablecoin in settlements and cross-border payments.
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$XRP
Inviting you to join my group Quantitative readings and liquidity flows
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He said in remarks that this massive volume of flows represents a “huge” opportunity for RLUSD, the stablecoin it is seeking to achieve a leading position in the institutional stablecoin market.
The figure reflects the scale of activity the company goes through via its institutional clients, which Ripple sees as fertile ground for expanding the use of its stablecoin in settlements and cross-border payments.
Press $XRP to trade
$XRP
Inviting you to join my group Quantitative readings and liquidity flows
https://app.binance.com/uni-qr/ikjpw7wR
