Ripple CEO Brad Garlinghouse Reveals Reasons Behind Stablecoin Launch

Brad Garlinghouse, the Ripple CEO, has stated the reasons that prompted the company to enter the stablecoin market after the company announced its intent to introduce a U.S. dollar-based stablecoin. With this step, Ripple has joined the group of top stablecoin issuers like Tether and Circle, initiating a shift in the company’s product offering.