Ripple Aims to Disrupt $13 Trillion Corporate Treasury Market with RLUSD
Ripple is eyeing a massive opportunity in corporate treasuries to grow its RLUSD stablecoin, according to an executive.
The company believes that it can tap into the $13 trillion market for corporate treasury services, which currently relies heavily on traditional currencies like US dollars.
Ripple's executive says that this is a key area of focus for the company as it seeks to increase adoption and usage of its RLUSD stablecoin. The executive notes that corporate treasuries have traditionally been slow to adopt new technologies, but that Ripple sees an opportunity to change this.