Crypto influencer Crypto Eri has shared details of remarks by Ripple executives at a press conference in Singapore, where Ripple’s CEO Brad Garlinghouse and Head of APAC Fiona Murray addressed both the company’s latest stablecoin initiative and its outlook on the Korean market.
According to Eri’s report, Garlinghouse confirmed that Ripple’s newly launched stablecoin, RLUSD, will serve as collateral across all services at Hidden Road, a well-known prime brokerage platform.
He stated, “Stablecoin $RLUSD from @Ripple can be used as collateral for all services at Hidden Road,” adding that RLUSD distinguishes itself as “the first stablecoin enabling efficient large-scale cross-margin trading between virtual assets and traditional financial markets.” Garlinghouse also noted its operational advantage, describing RLUSD’s “24/7 year-round availability” as a key strength.
These comments position RLUSD as a product designed not merely for settlement but also as a bridge between digital assets and traditional financial markets. The choice to make it fully usable as collateral within a global brokerage context underscores Ripple’s intention to compete with other stablecoins that are more narrowly focused.
Garlinghouse’s emphasis on cross-margin trading and seamless accessibility reflects Ripple’s aim to provide institutional clients with a stablecoin that supports complex and continuous trading operations without being constrained by market hours.
Fiona Murray Discusses Korea’s Readiness and Regulatory Landscape
Crypto Eri’s post also highlighted additional remarks by Fiona Murray, Ripple’s Head of Asia-Pacific, during a private session in Singapore. As reported by Korean outlet @bloomingbit_io, which summarized her comments, Murray assessed the Korean market’s current stage of development with respect to tokenization and stablecoins.
She commented, “Korea is still in its early stages with tokenization or the stablecoin (virtual asset linked to fiat currency) business, but as digital assets such as XRP are already hugely popular among Korean individual investors, if these businesses can get started, their growth rate would be tremendous.”
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Murray’s assessment of Korea’s regulatory environment suggests Ripple is cautiously optimistic about expanding its stablecoin and tokenization offerings in the country.
She confirmed that Ripple is actively observing Korean policies, saying, “Ripple is closely monitoring Korea’s digital asset regulatory environment,” and expressed confidence in future prospects, stating, “There are great expectations, especially regarding the roadmap for institutional adoption.”
Media Coverage and Regional Interest
Crypto Eri cited Korean media outlet @bloomingbit_io as the source of the photo accompanying the announcement, noting that the outlet provided a thorough summary of the Singapore sessions and highlighted contributions by other stakeholders in the discussion.
The focus on Korea’s regulatory readiness and institutional roadmap suggests that Ripple is aligning its regional strategy with jurisdictions that demonstrate both market demand and evolving regulatory clarity.
The statements reported by Crypto Eri provide further insight into Ripple’s vision for RLUSD as a multipurpose institutional-grade stablecoin with capabilities beyond simple settlement. At the same time, Ripple’s interest in the Korean market reflects its strategy to engage with jurisdictions where digital asset adoption is strong among retail investors and poised for institutional growth.
Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.
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