#TopCoinsSeptember

Despite the issues caused by whale movements, the RLUSD launch was considered a success. Jack McDonald, Ripple’s senior vice president of stablecoins, highlighted the potential of RLUSD, stating that the stablecoin market is entering a new phase of growth, with adoption increasing due to institutional use cases.

He described stablecoins as “the right application for global payments.” He also announced plans to integrate RLUSD into its payments services for international banks and institutional partners starting next year. Ripple envisions RLUSD to facilitate real-time cross-border payments by providing liquidity and integration with the DeFi protocol.$XRP