The post Ripple’s $100,000,000 RLUSD Milestone Signals Strong 2025 Outlook for XRP appeared on BitcoinEthereumNews.com.

Ripple has launched its new stablecoin, RLUSD, which is already seeing impressive trading volumes of over $100 million daily. Many are curious about how this move will impact XRP, and here’s what Austin, a former Ripple employee and co-founder of Omni Network, shared about Ripple’s strategy moving forward. Liquidity is a flywheel. The more trading activity an asset has, the more incentivized other exchanges will be to integrate that asset. This idea is foundational to every initiative driven by Ripple. How are they applying this concept to their $RLUSD strategy? he wrote on social media. Ripple’s RLUSD Strategy Revealed Austin King, who previously worked closely with Ripple’s co-founder david schwartz david schwartz David Schwartz, known as JoelKatz, serves as the Chief Technology Officer at Ripple, which provides global financial institutions, businesses, governments, and developers the ability to manage, move, and tokenize value through blockchain technology. David is an expert in cryptography, software development, and computer security, especially for startups as well as rapidly growing and tiny companies, and is a native of San Francisco, California.David is among the original architects, including Arthur Britto and Jed McCaleb, who were inspired by Bitcoin to create the XRP Ledger, a decentralized open blockchain founded in 2013. Before joining Ripple, he was Chief Technical Officer at WebMaster Incorporated, a Santa Clara software developer. In addition, David has developed enterprise messaging systems and encrypted cloud storage for companies such as CNN and the National Security Agency. Details: Organization: Ripple and XRP Location: United States Education: Electrical Engineering from the University of Houston  Skills: Network Security and Network Design Experience: CTO at Ripple from Jul 2018 – Present Chief Cryptographer from Jul 2018-Present Chief Technical Officer at WebMaster Incorporated from Jan 2001 – Jan 2011 Director of Software Development at WebMaster Incorporated from Jan 1998 –…

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Filed under: News - @ January 11, 2025 9:15 am