Ripple: Corporate finance is an important growth opportunity in the next phase under RLUSD
2026-09-13 06:08:54
According to CoinMeta, Ripple's Senior Vice President of Stablecoins, Jack McDonald, stated that the company is viewing corporate finance as an important growth opportunity in the next phase of RLUSD. Last year, Ripple acquired the financial management software company GTreasury for $1 billion. Currently, its Ripple Treasury platform has about 1,200 corporate finance executives and CFO customers, handling approximately $13 trillion in transactions annually, a segment of customers who previously did not use on-chain infrastructure at all. The current circulating supply is around $2.4 billion, with a growth of over 50% in the past month; of this, about $1 billion was issued in XRP Ledger and $1.4 billion in Ethereum. Its average daily activity volume has also increased from about $200 million at the beginning of the year to about $750 million last month. Ripple plans to introduce RLUSD to Europe through a dual-issuance structure that complies with the EU's MiCA framework and has already obtained the necessary regulatory authorization in Luxembourg.
Bullish 0
Bearish 0
Source:CoinDesk
This content is for market information only and does not constitute investment advice.