Ripple plans to leverage RLUSD over USDC for new ODL opportunities and growth.
Stablecoin regulations could benefit RLUSD by enhancing Ripple’s market positioning.
Despite SEC hurdles, Ripple remains financially strong, delaying its IPO decision.
Ripple CEO Brad Garlinghouse revealed the company will prioritize its own stablecoin, RLUSD, over USDC and Tether for its On-Demand Liquidity (ODL) product. In a talk session with Thinking Crypto, Garlinghouse discussed this strategic shift, the potential of RLUSD in DeFi, and Ripple’s plans for an IPO.
Ripple CEO Brad Garlinghouse Tells All! RLUSD, XRP ETF, SEC, & IPO
WATCH 
https://t.co/7mA2aksVOa
Topics:
– Vision for the #RLUSD Stablecoin
– #Stablecoin Regulations in the US & EU
– #XRP ETF filings and will the #SEC Block the XRP ETFs?
– Will #Ripple IPO in 2025?
-… pic.twitter.com/C0wbPNLPPr
— Tony Edward (Thinking Crypto Podcast) (@ThinkingCrypto1) October 17, 2024
Garlinghouse explained that this change would not affect customer operations and in fact be creating new opportunities for the company. He also anticipates upcoming stablecoin regulations in the US to benefit compliance-focused stablecoins like RLUS…
The post Ripple to Prioritize RLUSD Stablecoin for ODL Over USDC and Tether appeared first on Coin Edition.
