CandleFocus ? Ripple USD (RLUSD) Is ‘Game-Changer’, SWIFT Veteran Says
2024-12-18
Author: Content Editor
Former SWIFT executive, Andre Casterman, has praised Ripple's new stablecoin, RLUSD, as a game changer for cross-border payments. He believes corporates, SMEs, and working capital lenders will benefit from the faster settlement benefits offered by the stablecoin. RLUSD was officially launched on Tuesday and has been added to the New York State Department of Financial Services' greenlisted coins. Ripple's Jack McDonald emphasized the company's commitment to regulatory compliance, making RLUSD one of the few fully regulated stablecoins.
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