Ripple President Shares Key Stablecoin Insight: Details

By: bitcoin ethereum news|2025/05/10 08:15:08
0
Share
copy
Ripple President Monica Long recently discussed the growing importance of stablecoins in today’s changing digital finance landscape. In a tweet following her appearance at Stripe Sessions discussing why businesses can no longer afford to ignore stablecoins, the Ripple president shared a few key insights. Long outlined three major takeaways Ripple has learned while navigating the complex world of blockchain payments. First, Long noted that blockchain payments need connectivity to local rails, and this connectivity depends on bank partners having regulatory comfort and clarity. “We’re in a starkly better place now than 2 years ago,” she added, implying that the global regulatory environment is gradually becoming more supportive of digital asset integration. You Might Also Like Despite the appeal of operating as a software-only provider, Long pointed out the significant challenges in doing so. Ripple, which now holds over 60 licenses worldwide, has opted for a compliance-first approach to ensure operations across various jurisdictions. As the market grows, stablecoins will require liquidity across global currencies to compete with traditional FX markets, Long added, referring to this as “the next industry challenge.” RLUSD gains traction as stablecoin market expands Long’s comments come as the stablecoin market expands, with the total stablecoin market capitalization recently surpassing $240 billion. You Might Also Like Ripple’s RLUSD stablecoin has gained traction since its launch in December 2024. Ripple has integrated RLUSD into Ripple Payments and announced the acquisition of Hidden Road, which will use RLUSD as collateral for its clients, creating a critical bridge between crypto and traditional finance. RLUSD is now available on new exchanges, including Kraken and, most recently, Gemini, in addition to being used in DeFi liquidity pools like Aave and Curve Finance. RLUSD has crossed $300 million in market valuation, currently at $316 million, according to CoinMarketCap data. In the last 24 hours, Ripple USD volumes have skyrocketed 109% to exceed $186 million. Source: https://u.today/ripple-president-shares-key-stablecoin-insight-details

-- Price

--

You may also like

Why Tokenized Stocks Are Booming in 2026 While Crypto Is Still Struggling

Why are tokenized stocks booming while the crypto market struggles? Explore the latest 2026 data, institutional adoption, and what it means for traders.

From Pump.fun to Collector Crypt: Has Solana's income throne changed hands?

The revenue from consumer applications on Solana is no longer solely reliant on meme coin issuance, but is gradually spreading to more consumption scenarios.

Looking at Stripe's ambitions and the future of stablecoins from OUSD

Stripe enters the stablecoin network battle with OUSD, a comprehensive look at the third paradigm evolution of digital dollars and the new infrastructure for global payments in the AI era.

Do you want to buy CRCL?

A detailed breakdown of Circle's business fundamentals and valuation logic: The panic over OUSD and the market correction have triggered a short-term mispricing, presenting an opportunity for left-side positioning and legislative speculation below $60.

Wosh: Inflation has cooled in recent weeks, AI is reshaping the economy, and forward guidance has lost its necessity

Federal Reserve Chairman Waller clearly stated at the ECB forum that the Fed will abandon forward guidance on interest rates, with future decisions relying entirely on real-time economic data. He noted that inflation risks in the U.S. have decreased over the past four weeks, but the ultimate impact ...

The most secretive AI winner

A century-old company that sells toilets and produces MSG has seen its stock price soar by "positioning" core materials for AI chips. This article clarifies the explosive opportunities for domestic substitution of semiconductor materials in the A-share market.

Contents

Popular coins

Latest Crypto News

Read more
iconiconiconiconiconiconicon
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:bd@weex.com
VIP Program:support@weex.com