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Ripple is expanding its London leadership team with the addition of a Business Development Director, focusing on promoting the adoption of its RLUSD stablecoin and XRP Ledger. The director will establish partnerships with banks, fintech companies, and asset management firms, with a focus on institutional users such as liquidity, foreign exchange trading, and collateral management. Previously, Ripple registered as an electronic money institution with the UK Financial Conduct Authority (FCA). The addition of this Business Development Director marks a milestone in its development journey.