Rajan’s new role at Ripple: Raghuram Rajan, former Governor of the Reserve Bank of India, joins Ripple’s advisory board to provide strategic guidance. His focus is on enhancing the stability and compliance of RLUSD in the cryptocurrency market.
Support for stablecoins: Rajan emphasizes stablecoins like RLUSD as secure and efficient alternatives to traditional systems. This perspective marks a shift in his views on cryptocurrencies, acknowledging their potential for reliable digital payments.
Ripple’s commitment to trust: Ripple’s advisory board, including experts like Kenneth Montgomery, Sheila Bair, and David Puth, showcases a dedication to transparency and trust. Their experience aims to tackle challenges in integrating stablecoins into the financial ecosystem.