{"id":140016,"date":"2024-10-18T12:00:07","date_gmt":"2024-10-18T09:00:07","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=140016"},"modified":"2024-10-17T19:02:22","modified_gmt":"2024-10-17T16:02:22","slug":"ripple-collaborates-with-former-paypal-exec","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/ripple-collaborates-with-former-paypal-exec\/","title":{"rendered":"Ripple Collaborates with Former PayPal Exec"},"content":{"rendered":"<p>This new project could involve <strong><a href=\"https:\/\/cryptodnes.bg\/en\/cryptocurrency\/xrp\/\">XRP<\/a><\/strong> and might help elevate the altcoin\u2019s price toward the $1 mark.<\/p>\n<p>At the Ripple Swell Conference in Miami, Neil DeSilva and Ripple\u2019s CFO Jon Bilich <strong><a href=\"https:\/\/x.com\/Ripple\/status\/1846670341470347670\" rel=\"nofollow\">discussed<\/a><\/strong> strategies for mitigating risks related to digital asset exposure while building their sustainable blockchain model. They also examined future developments in tokenization and stablecoins.<\/p>\n<p>Ripple is set to launch a U.S. dollar-pegged stablecoin named RLUSD, aiming to carve a niche in the $172 billion stablecoin sector, which is currently dominated by Tether\u2019s <strong><a href=\"https:\/\/cryptodnes.bg\/en\/cryptocurrency\/tether\/\">USDT<\/a><\/strong>.<\/p>\n<p><div class=\"read-more pb-3 pt-3 pt-md-2 px-3 my-4 border bg-light\">\n    <h5 class=\"text-uppercase border-bottom mb-3 pb-1\">Read More:<\/h5>\n    <a class=\"article row post-139933\" href=\"https:\/\/cryptodnes.bg\/en\/top-thai-bank-launches-24-7-stablecoin-remittance-services\/\" title=\"Top Thai Bank Launches 24\/7 Stablecoin Remittance Services\">\n        <div class=\"contentRight col-4\">\n            <span class=\"imgContainer mt-0\">\n                <img class=\"image img-defer\" src=\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2022\/07\/thailand-crypto-240x170.jpeg\">\n            <\/span>\n        <\/div>\n        <div class=\"contentLeft col-8\">\n            <h4 class=\"title mb-0\">Top Thai Bank Launches 24\/7 Stablecoin Remittance Services<\/h4>\n        <\/div>\n    <\/a>\n<\/div>\n<\/p>\n<p>In a post on X dated October 17, Ripple CEO Brad Garlinghouse announced that RLUSD has been under development for a year and is expected to establish itself as \u201cthe gold standard for enterprise-grade stablecoins, built on trust, liquidity, and compliance.\u201d<\/p>\n<p>The project is being shaped by Ripple\u2019s exchange partners, market makers, and an advisory board that includes firms like BitStamp, Uphold, Bullish, Bitso, Moonpay, CoinMENA, and Independent Reserve<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Former CFO for PayPal&#8217;s Digital Currencies division, is collaborating with Ripple to establish an eco-friendly blockchain venture.<\/p>\n","protected":false},"author":3,"featured_media":132600,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[22],"tags":[224,108,71,223],"coin_category":[],"class_list":["post-140016","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-others","tag-gold","tag-price","tag-stablecoin","tag-xrp"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Ripple Collaborates with Former PayPal Exec<\/title>\n<meta name=\"description\" content=\"Former CFO for PayPal&#039;s Digital Currencies division, is collaborating with Ripple to establish an eco-friendly blockchain venture.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link 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