Ripple President Makes a Case for an XRP ETF as Stablecoin Nears

The potential launch of Ripple's RLUSD stablecoin is generating significant buzz, and Ripple President Monica Long has recently made the case for an XRP ETF while discussing the company’s impending stablecoin. Indeed, Ripple President Monica Long has recently made the case for an XRP ETF while discussing the company’s impending stablecoin. Speaking to CNBC, Long talked about the possibility and advantages an XRP ETF could bring to the market.

Ripple’s Long Makes a Case for XRP ETFs. Ripple President Monica Long has joined the chorus arguing for XRP ETFs. “I think it would be very sensible for someone to” launch one, Long stated, emphasizing the growing demand and the maturation of the XRP ecosystem. Long's argument highlights the increasing investor interest and regulatory clarity surrounding XRP, paving the way for such a financial product.

Ripple President Monica Long has set high expectations for 2025, forecasting groundbreaking developments for Ripple’s RLUSD stablecoin and an anticipated increase in institutional adoption of XRP. The stablecoin is poised to offer stability and utility within the Ripple ecosystem, potentially driving further demand for XRP.

This news comes as Ripple continues to expand its global reach. Ripple expanded its European market presence through a partnership with Clear Junction for GBP and EUR payouts. This expansion demonstrates Ripple's commitment to providing seamless and efficient cross-border payment solutions. Ripple President Monica Long has voiced support for initiatives that foster greater accessibility and innovation within the cryptocurrency space, further solidifying Ripple's position as a leading force in the industry.