Ripple plans to promote the RLUSD stablecoin on more exchanges

Ripple's Senior Vice President of Stablecoins, Jack McDonald, revealed that the company is planning to list its US dollar-pegged stablecoin RLUSD on more exchanges, including those in the United States. McDonald anticipates that by the end of 2025, more exchanges will support RLUSD. He also noted that the future stablecoin market will be dominated by issuers with institutional backing and compliance capabilities, while smaller issuers will face challenges due to high compliance costs.