I'm a bit skeptical of ranked choice voting- one of the key issues for the US that rarely gets discussed is that we can't use it to elect our President, due to the 12th Amendment, unless you're OK with the states selecting him/her instead. The 12th Amendment states that the Presidential winner has to have a majority of the Electoral College votes on the first round of voting- no multiple rounds- otherwise each state…
Well that's easy: you're mistaken. The 12th amendment manager the election by the electors, these are representatives. So someone needs a simple majority of the 538 electoral votes when those are tallied in January. How the states determine which electors to send is up to each state. New York could select it's electors based on a ranked choice ballot.
Extremely simplified example- the South all chooses the Republican candidate, the West Coast all chooses the Democratic candidate, the Midwest all chooses the Populist candidate, the Northeast mostly chooses the Whig candidate. Alaska chooses the Alaska Independence Party candidate. Vermont and New Mexico chooses the Green Party candidate. See the problem now?