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Ripple Appoints Jack Mc Donald As Senior Vice President (Svp) Stablecoins
Position
Senior Vice President
Company
Ripple
Description
Ripple has appointed Jack McDonald, the CEO of Standard Custody, as Senior Vice President (SVP) Stablecoins in a major push toward launching its USD-backed stablecoin. Despite the appointment, McDonald will continue to fulfill his duties as CEO of Standard Custody, which was recently acquired by Ripple. The decision aims to leverage McDonald's expertise to lead Ripple's stablecoin team and launch the company's stablecoin into the market later this year.