Bill Morgan, the pro-XRP lawyer, is defending Ripple RLUSD stablecoin against the largest stablecoin issuer Tether, on the matter of third-party reserves. Morgan’s comments come at a time when Tether prepares for US expansion by hiring Bo Hines, the former executive director at the White House Crypto Council. The Ripple stablecoin is steadily gaining market share with a 25% surge in market cap over the past month.