Carlo R.W. de Meijer, an experienced economist, predicts Ripple’s (CRYPTO:XRP) upcoming stablecoin launch to be a potential "game changer" for both crypto and traditional finance sectors.
Ripple’s stablecoin, pegged 1:1 to the US dollar, is anticipated to bridge the gap between traditional finance (TradFi) and decentralised finance (DeFi), revolutionising liquidity and stability in financial transactions.
Backed by US dollar deposits, government bonds, and commercial paper, the stablecoin promises enhanced transparency and trust through audits and attestation reports.
With plans for strategic expansion and regulatory compliance, Ripple aims to foster broader adoption across various markets, potentially influencing transaction efficiency and stability.