Ripple CEO: Stablecoins Gain Recognition at Binance Blockchain Week
Binance’s Blockchain Week, a two-day industry event running Dec. 3–4 in Dubai, opened with Ripple’s CEO noting that stablecoins are increasingly recognized by institutions and regulators. He described stablecoins as a practical bridge between fiat and crypto that can expand use cases in payments and settlement, complementing Ripple’s cross-border focus.
The comments arrive as the sector seeks clearer oversight and broader on-ramps; greater acceptance of stablecoins could accelerate tokenized fiat rails and reduce friction in remittances. Ripple did not announce new products, but the positive tone adds momentum to the narrative around XRP and stablecoin-linked services as firms and policymakers discuss standards, interoperability and practical deployment.