Canary Capital CEO says Ripple's true strength lies not in the price of XRP, but in remittances and RLUSD.
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According to a report by Bijie Network: Steven McClurg, CEO of Canary Capital, emphasized that Ripple's global remittance network is its key real-world application case. He also expressed strong optimism about Ripple's new stablecoin RLUSD, noting that its regulatory framework in the United States is a potential advantage over competitors such as USD Coin. He believes that if the United States outsources the digital dollar, Ripple could become a strong contender, and pointed out that institutional investors are seeking a clear value proposition for XRP within the Ripple ecosystem.
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