Ripple's Garlinghouse: Yen Stablecoin to Outpace US Dollar?
Ripple CEO Brad Garlinghouse has shaken up the crypto world. He recently spoke about a possible yen-based stablecoin. This news comes as Ripple gets ready to launch its own USD-pegged stablecoin. These moves show Ripple’s growing impact on digital currencies and stablecoin adoption. Also Read: Digital Ruble Pilot Expands as Moscow Exchange Exits Crypto Garlinghouse’s Bold Statement on Yen Stablecoin Outpacing the US Dollar Garlinghouse hinted at a Japanese yen stablecoin in a recent interview. He praised Japan’s clear crypto rules. “I have met with regulators, FSA and elected representatives and have heard this desire to lean into these nascent technologies consistently. I think the environment from a macro perspective is very pro-innovation,” Garlinghouse stated. Japan’s Favorable Regulatory Environment Japan’s approach to crypto rules has impressed Garlinghouse. The country offers a clear framework. It’s tech-friendly but also careful....