Ripple President Monica Long has set high expectations for 2025, forecasting groundbreaking developments for Ripple’s RLUSD stablecoin and an anticipated XRP ETF. Speaking during a Tuesday interview with Bloomberg Crypto, Long provided insights into Ripple’s ambitious roadmap and Ripple’s commitment to broadening RLUSD’s reach. RLUSD is currently available on platforms such as Bitso, MoonPay, and CoinMena. When pressed about whether the stablecoin would soon be available on larger platforms like Coinbase, Long revealed that additional listings on exchanges such as Bullish, Mercado Bitcoin, and others are imminent. “We are continuing to expand distribution and availability of Ripple Dollars on other exchanges. You can expect more announcements very soon.” She noted. She further touched on her ex pectations for RLUSD adoption moving forward, noting that “we think that this year is going to be a big year for crypto overall. And so, demand for stablecoins, we think will grow along with that over the course of the next year” . The RLUSD stablecoin, launched in 2024, is designed as an enterprise-grade, USD-denominated asset with a 1:1 peg to the U.S. dollar. Issued on the XRP Ledger and Ethereum blockchains, RLUSD offers low-cost, instant settlement for cross-border payments. In addition to stablecoin developments, Long was optimistic about a potential XRP ETF. “I think we will see one very soon ,” she stated, referencing various companies that have already filed applications. She expects XRP to follow Bitcoin and Ether as the next cryptocurrency to receive regulatory approval for a spot ETF in the U.S. This development could significantly boost institutional adoption. Long’s remarks follow significant developments for Ripple, including the recent milestone of integrating the Chainlink standard for verifiable on-chain data. Announced on January 7, this partnership aims to deliver high-quality pricing data for RLUSD on the Ethereum blockchain, facilitating its use in DeFi applications such as trading and lending. Recently, CEO Brad Garlinghouse expressed confidence in the “Trump effect,” attributing an uptick in U.S.-based operations and partnerships to the pro-crypto stance of the incoming administration. “We signed more U.S. deals in the last six weeks of 2024 than in the previous six months,” he noted . However, despite recent advancements, XRP’s price has experienced notable volatility. On Tuesday, prominent crypto analyst Ali Martinez reported a 60-million XRP sell-off by whales, sparking concerns of a potential short-term pullback. Adding to the caution, EGRAG Crypto, another well-known XRP analyst, issued a warning on Thursday about a sharp price decline. “ If XRP touches certain historical levels, we could see a drop of up to 73%,” he cautioned, suggesting the price could retrace to around $0.90, potentially retesting the resistance of the seven-year consolidation pattern that was recently broken, before resuming its bullish move. At press time, XRP was trading at $2.34, reflecting a 1.32% surge over the past 24 hours.
