The Ripple “Swell” conference on Oct. 15-16 brought together leaders in payments, blockchain, digital assets and economic policy.
Ripple used the event, held at the Faena Hotel in Miami Beach, Florida, to spur discussion around the future of finance and chart its plans spanning cross-border payments, custody, tokenization and its RLUSD stablecoin. Among its latest moves was the rollout of a managed payments product outside the U.S. — a project close to the company’s head of payments products, Brendan Berry.
“I remember studying abroad as an undergrad and overdrawing my debit account,” he shared. “I was in Barcelona, waiting on a wire transfer from my family, but with three-day settlement times, I would have to ask my girlfriend to lend me money — which was both painful and embarrassing.”
Ripple plans to expand beyond cross-border payments — used for remittances, treasury management, supplier payments, and international disbursements — with the launch of its new stablecoin, RLUSD.
“The approach we’ve taken is to launch a U.S. dollar fiat-backed stablecoin,” Berry explained, noting …
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