Ripple CEO Brad Garlinghouse stated at#KBW2024that he has ‘no interest’ in doing an initial public offering (IPO) in the US. 🚀 He stressed that setting up a company in the US means more legal costs due to the SEC’s stance on the industry.

He also announced that Ripple will soon launch its own stablecoin, Ripple USD. RLUSD, currently in closed beta, is expected to launch “within weeks.” 📈