Cryptocurrencies

    Ripple president envisions RLUSD stablecoin

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    Ripple President Monica Long discussed Ripple’s (CRYPTO:XRP) plans to launch RLUSD, a stablecoin aimed at optimizing efficiency in major payment corridors.

    She emphasized its role alongside XRP, which continues as a bridge asset in less liquid corridors.

    Ripple aims to expand beyond payments into enterprise blockchain solutions, leveraging recent regulatory clarity on XRP's status as a commodity.

    Despite US regulatory challenges, Long highlighted international support and discussed the potential for a US spot XRP ETF, citing XRP’s market presence and sustained trading volumes as key factors driving this initiative.

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