Ripple will integrate its upcoming stablecoin into the billion-dollar transaction market, giving users a better experience, lower fees and faster settlement than existing options.
However, according to Ripple CTO David Schwartz, this won’t wipe out XRP’s role in the ecosystem, as users who are best served by the crypto for payments and transfers will still have access.
Much has been made about Ripple’s upcoming stablecoin, which will be launched later this year on the XRP Ledger. Some say it will boost the price of XRP to over $10 as the ecosystem becomes a hub for the multi-trillion-dollar payments market, as Crypto News Flash reported. However, others are concerned that it could eat into the XRP market, and recently, Ripple’s Chief Technology Officer David Schwartz shared his thoughts on this.
The upcoming stablecoin will be pegged 1:1 with the US dollar and compete directly with Circle’s USDC and Tether’s USDT. However, Ripple expects its vast network and a decade’s ex

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