Ripple sees $13 trillion corporate treasury opportunity for RLUSD

Ripple's stablecoin chief Jack McDonald said payments and capital markets are driving growth for RLUSD, Ripple's $2.4 billion digital dollar, as the firm sees a $13 trillion corporate treasury opportunity for the asset. The company is also looking to bring RLUSD to Europe under the MiCA framework.

• RLUSD is positioned for corporate treasury use cases rather than retail speculation.
• A European rollout under MiCA would extend the stablecoin's reach into a major regulated market.