#xrp
XRP Takes Back Seat As Ripple RLUSD Eyes $13 Trillion Market Amid CLARITY Act Vote
XRP is taking a back seat from the spotlight in favor of $RLUSD as Ripple’s stablecoin aims to capture a large market of corporate treasuries. While commenting on the latest progress being made in the $XRP Ledger and the upcoming CLARITY Act vote, Thinking Crypto host Tony Edward pointed to massive opportunity for the crypto market.
Tony Edward Sparks XRP vs. RLUSD Debate
In a YouTube video, Edward stated that Ripple’s Stablecoin Chief Jack Mcdonald believes that there is $13 trillion in the corporate treasury that will be available to RLUSD. He added that payments and capital markets were fuelling the growth of stablecoin.
“Jack is eyeing a customer base that handles roughly $13 trillion in transactions annually,” Edward said.
The comments follow as Ripple keeps growing RLUSD around the world. Edward highlighted the payments firms and banks in which the company is involved. He also highlighted Ripple’s acquisition of GTreasury.
The expansion may enhance the institutional payments and capital markets role for RLUSD. Edward also connected the continued development of the XRP Ledger to the growth of the Ripple-backed stablecoin.#Write2Earrn $XRP
XRP Takes Back Seat As Ripple RLUSD Eyes $13 Trillion Market Amid CLARITY Act Vote
XRP is taking a back seat from the spotlight in favor of $RLUSD as Ripple’s stablecoin aims to capture a large market of corporate treasuries. While commenting on the latest progress being made in the $XRP Ledger and the upcoming CLARITY Act vote, Thinking Crypto host Tony Edward pointed to massive opportunity for the crypto market.
Tony Edward Sparks XRP vs. RLUSD Debate
In a YouTube video, Edward stated that Ripple’s Stablecoin Chief Jack Mcdonald believes that there is $13 trillion in the corporate treasury that will be available to RLUSD. He added that payments and capital markets were fuelling the growth of stablecoin.
“Jack is eyeing a customer base that handles roughly $13 trillion in transactions annually,” Edward said.
The comments follow as Ripple keeps growing RLUSD around the world. Edward highlighted the payments firms and banks in which the company is involved. He also highlighted Ripple’s acquisition of GTreasury.
The expansion may enhance the institutional payments and capital markets role for RLUSD. Edward also connected the continued development of the XRP Ledger to the growth of the Ripple-backed stablecoin.#Write2Earrn $XRP
