{"id":63023,"date":"2025-12-11T12:31:31","date_gmt":"2025-12-11T12:31:31","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=63023"},"modified":"2025-12-11T12:31:31","modified_gmt":"2025-12-11T12:31:31","slug":"ripple-exec-warns-banks-without-a-stablecoin-strategy-will-get-left-behind","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=63023","title":{"rendered":"Ripple Exec Warns: Banks Without A Stablecoin Strategy \u2018Will Get Left Behind\u2019"},"content":{"rendered":"
\n

Ripple\u2019s Middle East and Africa boss has a blunt message for the banking sector: if you still do not have a stablecoin strategy, you are already behind the curve.<\/p>\n

\u201cLook, I think there\u2019s no bank, financial institution, payment entity that is not thinking, talking or incorporating a stablecoin strategy,\u201d Ripple\u2019s Reece Merrick told CNBC in Abu Dhabi. \u201cAnd quite frankly, if they\u2019re not, they will get left behind.\u201d<\/p>\n

Ripple\u2019s Advantage In The Stablecoin Space<\/h2>\n

The interview came right after a significant regulatory win. Ripple\u2019s USD-backed stablecoin, RLUSD, has been recognized by Abu Dhabi\u2019s Financial Services Regulatory Authority (FSRA)<\/a> as an \u201cAccepted Fiat-Referenced Token,\u201d allowing ADGM-licensed institutions to use it for regulated financial activity. For Ripple, this is less about marketing and more about foothold: it embeds RLUSD inside one of the Gulf\u2019s most aggressively pro-crypto regulatory hubs.<\/p>\n

\u201cFirstly, what this does is it further validates Ripple\u2019s value proposition here in the region and a compliance-first approach as it relates to issuing our own stablecoin, RLUSD, at the back end of last year,\u201d Merrick said. The approval means ADGM entities can \u201cutilize RLUSD within their flows, within their operations,\u201d which he called \u201ca great step forward for Ripple, great step forward for the region.\u201d<\/p>\n

The compliance drumbeat is deliberate. Before pushing RLUSD globally, Ripple went to what Merrick described as \u201cthe gold standard of regulators,\u201d the New York Department of Financial Services, which oversees RLUSD issuance<\/a>. The combination of NYDFS in the US and FSRA (plus Dubai\u2019s DFSA, which earlier approved Ripple as the first blockchain-enabled payment solution provider) is meant to send a clear signal: this is an institutional product, not a fly-by-night dollar token.<\/p>\n

The hard numbers are more modest. RLUSD has about 1.2 billion dollars in circulation, tiny next to Tether\u2019s roughly 120 billion. Merrick did not try to spin that away; instead he pointed at the direction of travel. The stablecoin market is around 300 billion dollars today, he noted, dominated by USDT and USDC, but Ripple expects it \u201cto be moving into the trillions\u201d with \u201cshare for everyone.\u201d<\/p>\n

How to carve out that share is where Ripple\u2019s strategy gets more specific. Merrick said Ripple wants RLUSD \u201cto be the gold standard for institutions to adopt this stablecoin,\u201d and he anchored that in concrete rails: recent acquisitions and existing payment volume.<\/p>\n

He highlighted G-Treasury, a treasury management platform that sees \u201chow Fortune 500 businesses are moving trillions of dollars between their own operations,\u201d and Hidden Road, now rebranded as Ripple Prime, a prime broker that \u201cturn[s] over three trillion in prime brokerage.\u201d Ripple\u2019s plan is to bake RLUSD directly into those flows. Since announcing GTreasury<\/a>, Merrick said, the company has seen \u201cso much inbound\u201d from institutions exploring RLUSD for their internal operations.<\/p>\n

Underneath sits Ripple\u2019s long-running cross-border payments business, which has processed about 95 billion dollars in turnover using XRP and the XRP Ledger. RLUSD, Merrick argued, is a \u201cnatural step\u201d after persistent customer demand for stablecoin payouts. With roughly half of global cross-border payments made in dollars and many of those not actually destined for the US, he called existing channels \u201cinefficient and slow,\u201d and positioned regulated dollar tokens as a cleaner alternative.<\/p>\n

Trust and understanding are still the industry\u2019s biggest problems, as CNBC\u2019s Dan Murphy noted, citing boardroom confusion and skepticism even at Abu Dhabi Finance Week. Merrick\u2019s response was predictable but also, frankly, the only credible one: stack regulation, collateral transparency and real-world utility until the narrative changes.<\/p>\n

\u201cTrust is paramount,\u201d he said, pointing again to NYDFS, ADGM and DFSA approvals as the anchor. Once \u201clarge financial institutions, these large corporates\u201d see the impact on their own business, he expects \u201cthat kind of hockey stick growth.\u201d<\/p>\n

He also highlighted the GENIUS Act in the US<\/a> as having \u201cpaved the way for some of the largest global financial institutions to kind of play in this space,\u201d shorthand for the broader legislative shift toward regulated stablecoin frameworks.<\/p>\n

\n

. @Ripple<\/a>\u2018s Reece Merrick Highlights RLUSD Regulatory Milestone and Global Expansion on CNBC https:\/\/t.co\/0KR2BQNZHU<\/a> pic.twitter.com\/H39BdnX4Wf<\/a><\/p>\n

\u2014 \ud835\uddd5\ud835\uddee\ud835\uddfb\ud835\uddf8XRP (@BankXRP) December 10, 2025<\/a><\/p>\n<\/blockquote>\n

Taken together, Merrick\u2019s remarks sketch a simple line in the sand. Stablecoins are no longer a side experiment; they are becoming core payments and treasury infrastructure. And for banks still stuck at the \u201cinternal working group\u201d stage, the message from Ripple\u2019s regional chief could not have been clearer: get a stablecoin strategy, or get comfortable watching your customers migrate to those who already do.<\/p>\n

At press time, XRP traded at $2.0149.<\/p>\n

\"XRP<\/div>\n","protected":false},"excerpt":{"rendered":"

Ripple\u2019s Middle East and Africa boss has a blunt message for the banking sector: if you still do not have a stablecoin strategy, you are already behind the curve. \u201cLook, I think there\u2019s no bank, financial institution, payment entity that is not thinking, talking or incorporating a stablecoin strategy,\u201d Ripple\u2019s Reece Merrick told CNBC in […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-63023","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/63023","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=63023"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/63023\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=63023"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=63023"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=63023"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}