United

when

SHARE

In a <a href="https://x.com/_crypto_barbie/status/1866777520911143116?s=46" rel="noopener noreferrer nofollow">video</a> circulating on social media, Ripple CEO Brad Garlinghouse made noteworthy comments regarding the stablecoin market, particularly highlighting the potential future of Tether (USDT) and the opportunities it might create for Ripple’s RLUSD stablecoin.
Garlinghouse’s remarks have generated significant attention, especially from crypto enthusiasts like Amelie, a prominent influencer, who linked his comments to the broader potential of RLUSD within the XRP ecosystem.
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 WOW! <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f4a5.png" alt="💥" class="wp-smiley" style="height: 1em; max-height: 1em;">
 BRAD GARLINGHOUSE: „TETHER MIGHT CONTINUE TO GROW, BUT I DOUBT IT WILL HAVE THE SAME MARKET SHARE IN TWO YEARS!“
 „THAT‘LL BE BENEFICIAL FOR RLUSD?“ „YEAH!“
 ‚RLUSD‘ WILL DO FOR <a href="https://twitter.com/hashtag/XRP?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#XRP</a> WHAT USDT DID FOR BITCOIN! <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f4b0.png" alt="💰" class="wp-smiley" style="height: 1em; max-height: 1em;"> <a href="https://t.co/pHUsnrbqEf" rel="noopener noreferrer nofollow">pic.twitter.com/pHUsnrbqEf</a>
 — 𝓐𝓶𝓮𝓵𝓲𝓮 (@_Crypto_Barbie) <a href="https://twitter.com/_Crypto_Barbie/status/1866777520911143116?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">December 11, 2024</a>
</blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
Garlinghouse expressed skepticism about Tether’s ability to maintain its market share over the next two years, even if its overall market size continues to grow. He emphasized the importance of bringing more liquidity on-chain and increasing liquidity within the XRP Ledger (XRPL) ecosystem. These moves, he noted, would benefit the <a href="https://timestabloid.com/moonpay-reveals-xrp-biggest-surprise-of-2024-fox-business-journalist-reacts/" rel="noopener noreferrer nofollow">XRP community </a>as a whole.
Garlinghouse also addressed the potential impact of upcoming stablecoin regulations in the United States, drawing parallels to the regulatory landscape in the European Union. He suggested that legislative changes could disrupt Tether’s dominance in the market.
“I think it would be beneficial for all stablecoins that are compliance first, that take a regulatory front-foot approach,” he stated, adding that RLUSD represents one such example of a compliant stablecoin likely to thrive in a regulated environment.
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 We are on twitter, follow us to connect with us :- <a href="https://twitter.com/TimesTabloid1?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">@TimesTabloid1</a>
 — TimesTabloid (@TimesTabloid1) <a href="https://twitter.com/TimesTabloid1/status/1680250907504656385?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">July 15, 2023</a>
</blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
<h2 id="b-regulatory-progress-and-rlusd-s-future-prospects-b">Regulatory Progress and RLUSD’s Future Prospects</h2>
Garlinghouse’s comments come at a time when Ripple has achieved a significant regulatory milestone. This week, Ripple received <a href="https://timestabloid.com/rlusd-wins-regulatory-approval-ripple-ceo-confirms-heres-what-is-next/" rel="noopener noreferrer nofollow">final approval for RLUSD</a> from the New York Department of Financial Services (NYDFS). The approval paves the way for RLUSD to be listed on exchanges and integrated with Ripple’s partners.
Garlinghouse confirmed the development via Twitter, noting that further updates on <a href="https://timestabloid.com/ripple-president-ripple-is-ready-customers-already-line-up-to-use-rlusd/" rel="noopener noreferrer nofollow">RLUSD’s launch</a> and deployment would be shared through official Ripple channels. This regulatory approval places RLUSD in a strong position to capitalize on the evolving stablecoin market, particularly as global and domestic regulatory frameworks continue to shape the industry.
<h2 id="b-the-role-of-rlusd-in-the-xrp-ecosystem-b">The Role of RLUSD in the XRP Ecosystem</h2>
RLUSD is expected to play a pivotal role in enhancing the liquidity and utility of the XRPL.
In the tweet, Amelie compared RLUSD’s potential impact on XRP to how Tether (USDT) has supported Bitcoin’s liquidity and adoption.
By providing a regulated and compliant stablecoin option, RLUSD aims to attract institutional and retail users seeking stability and transparency in digital transactions.
As stablecoin legislation takes shape in the U.S., compliance-focused offerings like RLUSD could gain a competitive edge. This aligns with Garlinghouse’s broader vision of positioning Ripple as a leader in regulated financial technology.
Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.
Follow us on <a href="https://twitter.com/TimesTabloid1" rel="noopener noreferrer nofollow">Twitter</a>, <a href="https://www.facebook.com/timestabloid/" rel="noopener noreferrer nofollow">Facebook</a>, <a href="https://t.me/markettabloid" rel="noopener noreferrer nofollow">Telegram</a>, and <a href="https://news.google.com/publications/CAAqLAgKIiZDQklTRmdnTWFoSUtFSFJwYldWemRHRmliRzlwWkM1amIyMG9BQVAB?hl=en-US&amp;gl=US&amp;ceid=US%3Aen" rel="noopener noreferrer nofollow">Google News</a>
The post <a href="https://timestabloid.com/recent-ripple-ceo-predictions-signal-big-opportunities-for-rlusd-and-xrp/" rel="noopener noreferrer nofollow">Recent Ripple CEO Predictions Signal Big Opportunities for RLUSD and XRP</a> appeared first on <a href="https://timestabloid.com" rel="noopener noreferrer nofollow">Times Tabloid</a>.

Recent Ripple CEO Predictions Signal Big Opportunities for RLUSD and XRP

Table of Contents

Times Tabloid

Other articles published on Dec 12, 2024

Will Ethereum (ETH) Rally Continue? CryptoQuant Reveals Expectations and Price Target!

Trump’s new crypto venture, World Liberty Financial, is buying ETH, LINK, and AAVE

Bullish Momentum Builds for TURBO, BRETT and CATZILLA—Will They Surpass 20,000% Growth?

KAST Secures US$10 Million Seed Round Led By HSG (HongShan Capital Group) and Peak XV Partners

Everything You Need to Know About the iFasst DEX Bot. iFasst DEX Bot is set to revolutionize auto...

The $100 Billion Web3 Opportunity: Candy Crush with Real-World Impact

Join our free newsletter for daily crypto updates!