Raghuram Rajan, former Governor of the Reserve Bank of India, and Kenneth Montgomery, former First Vice President of the Federal Reserve Bank of Boston, have joined Ripple's RLUSD advisory board. The advisory board will provide guidance on financial, regulatory, and operational matters to strengthen the reliability and growth of RLUSD, Ripple's stablecoin. Rajan's background as a central banker and his concerns about cryptocurrency stability and use cases will help navigate regulations and build trust for RLUSD. Montgomery's expertise in modern financial systems will assist RLUSD in meeting the demands for speed and efficiency that stablecoins offer. With the addition of Rajan and Montgomery, Ripple's advisory board aims to stay ahead in the stablecoin market and position RLUSD as a reliable payment option. The appointment emphasizes Ripple's focus on trust and innovation in payments.



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