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Ripple Appoints Jack Mc Donald As Senior Vice President (Svp) Stablecoins

RECENTLY ACQUIREDJun 11, 2024about 2 years ago

Position

Senior Vice President

Company

Ripple

Jack McDonald
San FranciscoInformation TechnologyFinancial ServicesAdvertisingFinanceFintechCryptocurrencyLendingMarketing

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.

Company Information

Company

Ripple

Location

600 Battery Street

San Francisco, California, United States

About

Ripple is the leader in enterprise blockchain and crypto solutions, transforming how the world moves, manages and tokenizes value. Ripple’s business solutions are faster, more transparent, and more cost effective – solving inefficiencies that have long defined the status quo. And together with partners and the larger developer community, we identify use cases where crypto technology will inspire new business models and create opportunity for more people. With every solution, we’re realizing a more sustainable global economy and planet – increasing access to inclusive and scalable financial systems while leveraging carbon neutral blockchain technology and a green digital asset, XRP. This is how we deliver on our mission to build crypto solutions for a world without economic borders.

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