Ripple
September 9, 2024
Daily Unicorn News - September 09, 2024
Ripple CEO Brad Garlinghouse has hinted at the potential launch of a Yen-pegged stablecoin in Japan, praising the country's regulatory environment. While no specific timeline was provided, the demand for a Yen stablecoin is evident, with large Japanese corporations seeking licensing to issue stablecoins.
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() Daily Unicorn News from Ripple
Ripple CEO Brad Garlinghouse has indicated the potential launch of a Yen-pegged stablecoin in Japan, highlighting the country's favorable regulatory environment. Although no specific timeline was provided, Garlinghouse mentioned that Ripple is currently prioritizing the launch of its RLUSD stablecoin in the US. He also noted the strong demand for a Yen stablecoin in Japan, with large Japanese corporations seeking licenses from the Financial Services Authority to issue stablecoins.
