- Ripple’s payment solutions demand doubled in 2023, with ‘imminent’ major exchange listings for RLUSD stablecoin.
- Monica Long predicts swift approval of XRP ETF following Bitcoin and Ethereum’s regulatory breakthrough.
- Trump administration reportedly considering XRP for national crypto reserves alongside Bitcoin.
Ripple President, Monica Long has doubled down on XRP and Ripple’s stablecoin initiatives. During an interview with Bloomberg Crypto, the top exec maintained a positive outlook for 2025. She also emphasized the firm’s commitment to expanding XRP’s adoption and distribution.
Ripple is prioritizing the availability of Ripple dollars (its stablecoin RLUSD) across major exchanges. When asked about timelines, Long assured that announcements are “imminent,” signaling swift developments. She also projected robust growth in demand for stablecoins, driven by their critical role in crypto trading and seamless on-and-off ramping. The blockchain’s payment solution has already demonstrated remarkable growth. Client demand doubled last year.
On the broader crypto front, Long predicted a surge in market activity, spurred by increasing institutional adoption and the rising prominence of stablecoins. The company envisions Ripple’s payment solutions, including XRP and Ripple dollars, playing a pivotal role in this growth.
As reported earlier, the blockchain firm has integrated Chainlink to increase the functionality of RLUSD stablecoin onchain. The cooperation aims to provide reliable and secure pricing data to enhance RLUSD use cases across various DeFi applications.
Our demand from within our client base, our business doubled within payments last year, and so we see a really strong growth trajectory for our payment solution. And with that, you know, ripple US dollar will have a premium role.
Ripple’s Bold Vision: From Stablecoins to National Reserves
Regarding the potential for an XRP spot ETF, Long expressed optimism. She believes the U.S. will soon approve more cryptocurrency spot ETFs, building on the momentum from Bitcoin and Ether. XRP is likely to follow, supported by applications from firms like Canary. Long anticipates these approvals to accelerate, potentially influenced by regulatory shifts under the new administration.
President-elect Donald Trump is reportedly considering building a strategic national reserve of American cryptocurrencies such as XRP next to Bitcoin. Sources revealed that these constitute “American Commodities” and must be supported by the U.S. government to position the nation as the world‘s “crypto capital.” Ripple was also involved in digitizing the U.S. government‘s infrastructure for elections and banking.
With strong market demand and expanding utility, Ripple and XRP appear poised for a breakout year in 2025, cementing their place as key players in the evolving cryptocurrency ecosystem.
