Raghuram Rajan, former Governor of the Reserve Bank of India, has joined Ripple's RLUSD stablecoin advisory board.
The advisory board also includes prominent figures such as Sheila Bair, former FDIC Chair, David Puth, former CENTRE Consortium CEO, and Ripple co-founder Chris Larsen.
Rajan will provide guidance on regulations and financial and operational aspects to help RLUSD grow sustainably.
The appointments aim to enhance compliance with legal authorities and build confidence in digital financial systems.