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TechFlow news: Ripple announced the completion of its acquisition of Standard Custody & Trust Company, a regulated digital asset custody firm, strengthening its product portfolio and paving the way for the planned launch of a U.S. dollar-backed stablecoin.
In addition, Ripple has appointed Jack McDonald as Senior Vice President of Stablecoins, while he continues to serve as the current CEO of Standard Custody.
Ripple announced the completion of its acquisition of Standard Custody & Trust Company, a regulated digital asset custody firm, strengthening its product offerings and paving the way for the launch of a U.S. dollar-backed stablecoin. Additionally, Ripple has appointed Jack McDonald as Senior Vice President of Stablecoins, while he continues to serve as the current CEO of Standard Custody.
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