- Ripple plans to launch its USD-backed stablecoin to compete with existing ones like USDT and USDC.
- Dubai’s favorable regulatory environment is key to Ripple’s strategy and expansion in the Middle East.
In a recent interview, Reece Merrick, Ripple’s Managing Director for the Middle East and Africa, highlighted the company’s intentions to launch a new USD-backed stablecoin. Merrick pointed to the burgeoning stablecoin…
