{"id":1877,"date":"2024-06-05T06:02:57","date_gmt":"2024-06-05T06:02:57","guid":{"rendered":"https:\/\/cryptogoldex.com\/index.php\/2024\/06\/05\/ripple-president-anticipates-launch-of-stablecoin-later-this-year\/"},"modified":"2024-06-05T06:02:57","modified_gmt":"2024-06-05T06:02:57","slug":"ripple-president-anticipates-launch-of-stablecoin-later-this-year","status":"publish","type":"post","link":"https:\/\/cryptogoldex.com\/index.php\/2024\/06\/05\/ripple-president-anticipates-launch-of-stablecoin-later-this-year\/","title":{"rendered":"Ripple President Anticipates Launch of Stablecoin Later This Year"},"content":{"rendered":"<p>Ripple\u2019s president stated that the stablecoin market is mainly driven by the demand for access to U.S. dollars and a global fiat-denominated payment system powered by blockchain technology. The company is focusing on regulatory compliance and institutional relationships to bring a stablecoin to market.<\/p>\n<p>Ripple CEO Brad Garlinghouse also expressed similar sentiments at Consensus, but without specifying a launch timeline. Despite entering the stablecoin market, Ripple emphasized the continued importance of XRP, noting its role as a bridge asset for various currency pairs and its potential as a long-term strategy.<\/p>\n<p>The decentralized ledger is expected to maintain liquidity and support real-world asset tokenization, which has garnered increasing interest from financial stakeholders. There are discussions about Ethereum being the second cryptocurrency and potentially posing a challenge for investors, both retail and institutional, to comprehend.<\/p>\n<p>However, Long believes that with improved crypto education and industry leaders such as BlackRock taking the lead, concerns about the failure of spot Ether ETFs are unwarranted.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Ripple\u2019s president stated that the stablecoin market is mainly driven by the demand for access to U.S. dollars and a global fiat-denominated payment system powered [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":1876,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[18],"tags":[],"class_list":["post-1877","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/cryptogoldex.com\/index.php\/wp-json\/wp\/v2\/posts\/1877","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cryptogoldex.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cryptogoldex.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cryptogoldex.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/cryptogoldex.com\/index.php\/wp-json\/wp\/v2\/comments?post=1877"}],"version-history":[{"count":0,"href":"https:\/\/cryptogoldex.com\/index.php\/wp-json\/wp\/v2\/posts\/1877\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/cryptogoldex.com\/index.php\/wp-json\/wp\/v2\/media\/1876"}],"wp:attachment":[{"href":"https:\/\/cryptogoldex.com\/index.php\/wp-json\/wp\/v2\/media?parent=1877"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cryptogoldex.com\/index.php\/wp-json\/wp\/v2\/categories?post=1877"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cryptogoldex.com\/index.php\/wp-json\/wp\/v2\/tags?post=1877"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}