As of Oct. 18, 2024, Ripple is in the process of issuing a stablecoin and is awaiting regulatory approval. Ripple’s products serve as a sort of temporary global settlement layer for businesses and individuals. Strictly Necessary Cookie should be enabled at all times so that we can save your preferences for cookie settings. Someone on our team will connect you with a financial professional in our network holding the correct designation and expertise. Our goal is to deliver the most understandable and comprehensive explanations of financial topics using simple writing complemented by helpful graphics and animation videos. We follow strict ethical journalism practices, which includes presenting unbiased information and citing…