Long

<ul> 
 <li><strong>Ripple’s new RLUSD stablecoin aims to enhance XRP’s utility and market presence.</strong></li> 
 <li><strong>The potential launch of an XRP ETF could attract significant investor interest.</strong></li> 
</ul>  
<p>Ripple president Monica Long says that XRP has been trading in the top 10 for so long. The probability of an XRP ETF is super high, and due to its various use cases, many investors would likely put their money in it. This development proceeded with <a href="https://www.crypto-news-flash.com/ripple-president-monica-long-expects-xrp-etf-to-come-very-soon-can-it-propel-price-to-new-all-time-high/">Ripple’s Monica Long announcing an innovative stablecoin to ‘complement’ XRP</a> as previously reported by CNF.</p> 
<p>In a recent tweet by Collin Brown, highlighting the statement of Monica Long that XRP has been trading in the top 10 for so long. The probability of an XRP ETF is super high, and due to its various use cases, many investors would likely put their money in it.</p> 
<blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
 <p lang="en" dir="ltr"><img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f6a8.png" alt="🚨" class="wp-smiley" style="height: 1em; max-height: 1em;">BÄÄÄÄÄÄÄÄÄÄÄÄM! <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f6a8.png" alt="🚨" class="wp-smiley" style="height: 1em; max-height: 1em;"><a href="https://twitter.com/hashtag/Ripple?src=hash&amp;ref_src=twsrc%5Etfw">#Ripple</a> president Monica Long says that <a href="https://twitter.com/hashtag/XRP?src=hash&amp;ref_src=twsrc%5Etfw">#XRP</a> has been trading in the top 10 for so long. The probability of an XRP ETF is super high, and due to its various use cases, many investors would likely put their money in it! <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f680.png" alt="🚀" class="wp-smiley" style="height: 1em; max-height: 1em;"><img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f680.png" alt="🚀" class="wp-smiley" style="height: 1em; max-height: 1em;"><img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f680.png" alt="🚀" class="wp-smiley" style="height: 1em; max-height: 1em;"> <a href="https://t.co/LeIk1i4YpV">pic.twitter.com/LeIk1i4YpV</a></p> 
 <p>— Collin Brown (@CollinBrownXRP) <a href="https://twitter.com/CollinBrownXRP/status/1806305478286418385?ref_src=twsrc%5Etfw">June 27, 2024</a></p>
</blockquote> 
<p><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></p> 
<p>In an interview, Long explicitly described that Ripple’s decision to launch a stablecoin stems from its goal to provide a cost-effective and seamless transaction experience for its existing payment clients and banks. She stated:</p> 
<blockquote>
 <p>The US dollar stablecoin is aimed at optimizing efficiency in major payment corridors where liquidity is abundant, such as USD to EUR transactions.</p>
</blockquote> 
<h2 id="legal-clarity-and-market-impact">Legal Clarity and Market Impact</h2> 
<p>She also highlighted the company’s refined approach to becoming an enterprise blockchain infrastructure provider. After Ripple<a href="https://www.crypto-news-flash.com/ripple-battles-sec-lawyer-points-out-strange-animus/"> gained legal clarity</a> from U.S. courts, confirming XRP’s status as a commodity, thus paving the way for its operational advancement within the United States.</p> 
<p>As per CoinMarketCap data today, Ripple (XRP) is trading at <strong>$0.4767</strong> with an increase of <span style="color: #008000;"><strong>1.65%</strong></span> in the past day and a decrease of<span style="color: #008000;"><strong> 2.73%</strong></span> in the past week, <a href="https://www.crypto-news-flash.com/ripples-monica-long-announces-innovative-stablecoin-to-complement-xrp-can-it-propel-price-to-1/">reaching to Long projects significant market impact from both the ETF and Ripple’s new stablecoin project</a> predicted in CNF’s recent post.</p> 
<p><span data-sheets-root="1" data-sheets-value="{&quot;1&quot;:2,&quot;2&quot;:&quot;&quot;}" data-sheets-userformat="{&quot;2&quot;:513,&quot;3&quot;:{&quot;1&quot;:0},&quot;12&quot;:0}"></span></p>
<div class="cryptoboxes" id="mcw-345586" data-realtime="on">
 <div class="mcw-chart mcw-chart-light" data-font="inherit" data-coin="xrp" data-symbol="XRP" data-currency="USD" data-rate="1.000268" data-type="chart" data-view="day" data-theme="light" data-smooth="true" data-areacolor="" data-bgcolor=""></div>
</div>

Ripple Expands Blockchain Solutions with RLUSD Stablecoin and Potential XRP ETF as Battle with SEC Heats Up

Table of Contents

Crypto News Flash

Другие статьи, опубликованные 28 июн. 2024 г.

Pepennedy Presale Has Started. New Potential Gem?

SEC Sues Consensys Over Unregistered Services

Powell Supports Trump Campaign

AI ‘Skeleton Key’ attack found by Microsoft could expose personal, financial data

Future of Crypto: The Qubetics Whitelist Scares Ethereum and Avalanche Investors in 2024 with Pro...

Update: What Comes Next for Cardano After Recent Network Incident

Join our free newsletter for daily crypto updates!