- Monica Long said Ripple’s RLUSD stablecoin is a key driver within the ecosystem and predicted significant breakthroughs in stablecoin payments in 2025.
- Long discussed Ripple’s commitment to efficient cross-border transfers and its collaboration with major banks like HSBC and DBS, leveraging Ripple’s custody solutions and XRP Ledger technology.
In an interview with the Tokenized Podcast, Ripple President Monical Long shared her views about key developments within the ecosystem involving stablecoin RLUSD, Ripple custody, and asset tokenization. Long believes that stablecoin payments will have a huge breakthrough over the next year and that the firm is working to seize the opportunity.
Ripple’s Focus On Enterprise Software, XRP Ledger, and Stablecoins
During her recent interview, Long touched down on how the Ripple blockchain network enables users to tokenize, store, move, and exchange value, thereby offering primary use cases around payments. She further stated that Ripple’s RLUSD stablecoin will serve as an oil to the machine powering the entire Ripple ecosystem.
Furthermore, Long stressed how Ripple’s open source code for XRP ledger is making key contributions to the blockchain industry. She added that the firm’s key goal for 2025 is to establish itself as a licensed payment service provider while increasingly serving the crypto-native companies, centralized exchanges, and other kinds of fintech players.
The firms will also cater to efficient cross-border transfers, particularly using stablecoins, while continuing with the legacy of serving large banks.
Ripple President Monica Long revealed that the company has facilitated $70 billion in digital asset transactions across approximately 40 million transfers to date. Speaking on future trends, Long expressed optimism about the growth of stablecoin-based payments, suggesting that 2025 could be a pivotal year for this sector.
I really think that this next year will be a huge breakthrough for stable coin based payments and we started to see um some really interesting Market recognition,
As mentioned in our earlier report, Ripple acquired crypto custody provider Metaco in 2023. Now, Ripple custody is eyeing a $20 trillion opportunity ahead of it. Long explains how big players like HSBC, DBS, and other banking giants have adopted Ripple’s custody solutions.
Regulatory Shifts, Tokenized Assets, and XRP ETFs
Ripple President Monical Long also spoke about the US regulatory shifts, especially after the Donald Trump administration took charge. Additionally, Long also emphasized the importance of innovation in banking, urging financial institutions to adopt stablecoin and real-world asset (RWA) strategies to stay competitive.
“The more innovative banks recognize the need for these approaches,” Long stated. “Every company needs a stablecoin strategy, and every bank needs an RWA strategy.”
She further stated that with the growing clarity among regulators, banks would be more open to do business with Ripple. As highlighted in our previous story, Ripple is driving innovation in the financial sector by leveraging real-world asset (RWA) tokenization on the XRP Ledger (XRPL).
The XRPL offers fast, cost-efficient transactions while integrating robust security and decentralized exchange features, making it an ideal platform for advancing tokenized financial solutions.
Furthermore, amid the growing institutional appetite for XRP ETF, Long said that she’s hopeful of the approval as nine different companies have already filed for it. Furthermore, she stated that with the changes in the SEC, she’s even more optimistic about this development.
