Ripple Launches RLUSD Stablecoin

The video discusses the relationship between Ripple's new stable coin and XRP, highlighting their complementary roles in facilitating cross-border payments. It explores the growing stable coin market, regulatory compliance, and the importance of trust in issuers. The video also covers the current and future availability of Ripple USD on exchanges, its adoption by institutions, and predictions for the crypto market's growth. Additionally, it touches on the potential for XRP-related ETFs and the increasing demand for stable coins in trading.

What is the primary purpose of Ripple's stablecoin?

• To compete with Bitcoin

• To increase transaction fees

• To facilitate cross-border payments

• To replace XRP

How does Ripple view the relationship between its stablecoin and XRP?

• As identical in function

• As irrelevant to each other

• As complementary assets

• As competitors

What is the projected growth of the stablecoin market in the coming years?

• Over $3 trillion

• $150 billion

• $1 trillion

• $500 billion

Which regulatory body oversees Ripple's stablecoin?

• New York Department of Financial Services

• Federal Reserve

• Securities and Exchange Commission

• Commodity Futures Trading Commission

Which major exchange is currently not listing Ripple's stablecoin?

• Coinbase

• Bitso

• Moon Pay

• Coinmena

What is the expected role of Ripple's stablecoin in the next year?

• To be banned by regulators

• To be replaced by XRP

• To play a premium role in payments

• To decrease in demand

Which cryptocurrency is likely to have a spot ETF after Bitcoin and ETH?

• Litecoin

• Cardano

• Dogecoin

• XRP