Ripple CEO Brad Garlinghouse Says RLUSD Stablecoin Weeks Away, “Not Months”
The news was exciting for the community, demonstrating the team's dedication to building utility on its platform
CEO of Ripple Labs (responsible for XRP), Brad Garlinghouse, has announced that the team's upcoming stablecoin, RLUSD, is just around the corner. Speaking at a Korean blockchain conference, Garlinghouse suggested that RLUSD could go live in a matter of weeks. The news comes as Ripple announced they are integrating Ethereum-capable smart contracts onto the XRPL network, giving a boost to developers.
The hope is for XRP Ledger to mirror the success of Ethereum as a one-size-fits-all Web3 ecosystem. Earlier this year, Ripple Labs (developers of XRP Ledger and XRP) announced they are releasing a stablecoin native to their blockchain network – Ripple USD. The news was exciting for the community, demonstrating the team's dedication to building utility on its platform. Many expected a 2025 release – but according to CEO Brad Garlinghouse, Ripple's USD-pegged stablecoin might be closer than we think.
