Ripple’s Legal Triumph and Its Implications
Jack McDonald, who serves as the senior vice president of stablecoins at Ripple, recently shared insights with CoinPost, a Japanese cryptocurrency news platform, regarding the significance of Ripple’s recent legal triumph over the U.S. Securities and Exchange Commission (SEC). McDonald characterized this ruling as a transformative moment for Ripple, which has long advocated for clearer regulatory frameworks.
He noted that this favorable verdict has not only reinforced Ripple’s operational legitimacy but has also attracted interest from financial institutions that previously distanced themselves from the company for regulatory concerns.
New Opportunities and the Launch of Ripple USD
In light of this renewed interest, McDonald indicated that Ripple is approaching these opportunities with a refreshed and optimistic perspective. Further building on this momentum, Ripple is preparing to launch its stablecoin, Ripple USD (RLUSD), in collaboration with SBI VC Trade, the cryptocurrency trading subsidiary of the prominent Japanese financial giant, SBI Holdings.
McDonald mentioned that while the company aims for RLUSD to debut in Japan by the first quarter of 2026, specific regulatory steps still need to be finalized, which means a precise launch date remains uncertain.
Market Potential of Ripple USD
Regarding the stablecoin’s potential, he expressed confidence that it could achieve a market capitalization of $10 billion relatively quickly, compared to its current market cap of $723 million. This ambitious projection reflects Ripple’s renewed strategic direction and the expanding opportunities within the rapidly evolving digital asset landscape.
