Ripple: XRP and RLUSD can become a treasury tool for CFOs
- —Ripple: CFOs have shifted from a speculative view of crypto to its practical utility
- —XRP and RLUSD are proposed for treasury, payroll and cross-border payments
- —RLUSD is backed by cash and U.S. Treasuries, redeemable at par
- —In April Ripple launched Digital Asset Accounts and Unified Treasury
Why it matters: If corporate treasuries start using XRP and RLUSD, it would expand demand for the assets beyond trading.
Source: CryptoNinjas