Ripple CEO Brad Garlinghouse believes that Japan is a promising market for stablecoins and expects strong demand for a stablecoin pegged to the yen. However, Ripple will first focus on launching a stablecoin in the US. 🇺🇸

- Japan is actively developing legislation on cryptocurrencies and stablecoins

- The US is lagging in regulation

- Ripple is testing its dollar stablecoin on XRPL and Ethereum

Source: Bloomberg