Ripple Eyes $13T Corporate Treasury Market as RLUSD Targets European Expansion

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Ripple's stablecoin RLUSD has reached a $2.4 billion valuation, with company executives identifying corporate treasuries as a major growth opportunity. Jack McDonald, who leads Ripple's stablecoin division, highlighted payments and capital markets as the primary sectors driving the digital dollar's adoption. Ripple is now looking to expand RLUSD into Europe by seeking compliance under MiCA, the European Union's crypto regulatory framework. McDonald sees the $13 trillion corporate treasury market as a significant untapped opportunity for the stablecoin.

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