Ripple President Explains Why Robinhood Chose RLUSD Stablecoin
Photo: U.Today
Ripple President Monica Long explained why the American fintech platform Robinhood has just chosen the Ripple USD (RLUSD) stablecoin as a key settlement instrument. Commenting on the large-scale integration of the coin into the broker's ecosystem, she noted that modern big capital is no longer interested in isolated tokens for speculation. According to her assessment, the partnership with a giant serving 28.6 million investors clearly proves the "growing institutional demand for integrated solutions." Monica Long believes that major market players are looking for ready-made technologies capable of simultaneously supporting customer-facing applications and covering "core financial operations." "And that's exactly where…
Source: U.Today
