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Morning Edition · Sunday, September 13, 2026Published at 1:57 AM EDT · New York
Ripple's Stablecoin Chief Puts a $13 Trillion Corporate Treasury Number on a $2.4 Billion Token
Jack McDonald says payments and capital markets are driving RLUSD growth as Ripple prepares to bring the token into Europe under the bloc's crypto rules.
Jack McDonald, who runs stablecoins at Ripple, described a $13 trillion corporate treasury opportunity for RLUSD, the company's dollar token, and said payments and capital markets are driving its growth. RLUSD stands at about $2.4 billion.…
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Race to Bank and Distribute Stablecoin Reserves
Over 3-6 months, established financial and payments firms compete to custody stablecoin reserves and embed stablecoin rails into cross-border settlement, institutionalizing the plumbing beneath stablecoins.
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