Ripple's Top Exec Reveals 'Yield Engine' on Stablecoins; XRP Achieves New Regulatory Status in U.S.

Ripple's senior vice president, Jack McDonald, has revealed a "yield engine" for stablecoins on the Ripple platform. Users can generate financial yields through two main ways: investing in interest-bearing stablecoins or using stablecoins as collateral in DeFi protocols. McDonald also emphasized that this transition from digital dollars to yield engines is efficient and offers greater utility on-chain. Additionally, XRP has secured clear regulatory status as a non-security digital asset in the U.S. thanks to court rulings last year.