These partnerships are supposed to have a measurable ecosystem impact with growing asset volumes and market cap.
The new hire will also have to look for new growth opportunities when it comes to DeFi and institutional adoption.
Ripple's perfect candidate
Ripple's ideal candidate is supposed to have more than 15 years of experience in financial services with deep knowledge of capital markets and market infrastructure.
Obviously, the candidate should also have sufficient expertise in blockchain infrastructure as well as strong strong commercial instincts.
Ripple’s DeFi growth
As reported by U.Today, Jack McDonald, senior vice president of stablecoins, recently noted that the stablecoin had experienced “explosive” growth.
In February, the company released its institutional DeFi roadmap, which includes a credit-based lending protocol linked to RLUSD vaults and permissioned domains.