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<ul>
 <li>Ripple’s court win in July 2023 clarified XRP is not a security, boosting US operations.</li>
 <li>Ripple is expanding beyond payments to blockchain infrastructure.</li>
 <li>Growth is strongest in regions with clear crypto regulations, like Europe and Singapore.</li>
</ul>
<p>Monica Long, the president of <a href="https://ripple.com/" target="_blank" rel="noopener noreferrer nofollow">Ripple</a>, recently spoke with The Block about her thoughts on blockchain technology, cryptocurrency laws, and Ripple’s vision for the future. The discussion covered Ripple’s legal battles, business growth, and the global regulatory landscape.</p>
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   <p lang="en" dir="ltr">Ripple's upcoming stablecoin will 'complement' XRP<a href="https://twitter.com/Ripple?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">@Ripple</a> President <a href="https://twitter.com/MonicaLongSF?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">@MonicaLongSF</a> joins <a href="https://twitter.com/fintechfrank?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">@fintechfrank</a> on The Scoop to discuss the recent growth and expansion of Ripple's product offerings, including an upcoming stablecoin <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f4b8.png" alt="💸" class="wp-smiley" style="height: 1em; max-height: 1em;"><br><br>OUTLINE<br>00:00 Introduction<br>00:50 Ripple Updates… <a href="https://t.co/P0sTl2qXS9" rel="noopener noreferrer nofollow">pic.twitter.com/P0sTl2qXS9</a></p>— The Block Podcasts (@TheBlockPods) <a href="https://twitter.com/TheBlockPods/status/1805789110231351321?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">June 26, 2024</a>
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<p>Monica Long started off by outlining important changes that had occurred since their previous open discussion. In July 2023, Ripple obtained a favourable <a href="https://cryptonewsland.com/sec-vs-ripple-battle-reaches-penultimate-conclusion-settlement-in-millions/" target="_blank" rel="noopener noreferrer nofollow">ruling from the court in their SEC case</a>, making it clear that XRP is not regarded as a security. Ripple now has the clarity they need to grow their business operations in the US owing to the court decision.</p>
<p>Long stated that Ripple’s focus has shifted from cross-border payments to a comprehensive enterprise <a href="https://cryptonewsland.com/xrps-defi-milestone-growing-liquidity-opens-doors-to-innovation/" target="_blank" rel="noopener noreferrer nofollow">blockchain infrastructure provider</a>. They have developed the necessary infrastructure to facilitate the connection of blockchains with conventional financial systems, allowing them to provide services to more than 80 markets worldwide. Their capacity to offer custody services has been strengthened by the acquisition of Medico, now known as Ripple Custody.</p>
<p>Long discussed the current state of the American regulatory landscape, characterizing the <a href="https://www.sec.gov/" target="_blank" rel="noopener noreferrer nofollow">SEC</a>‘s strategy as a ‘war on crypto’ that is based more on enforcement than on clear regulations. Despite this, she stated that Ripple has experienced growth in regions where governments have established clear regulations, such as Europe, Singapore, and Brazil.</p>
<p>The decision by <a href="https://cryptonewsland.com/ripple-ceo-brad-garlinghouse-reveals-stablecoin-name-prepare-to-enter-the-real-usd-rlusd-era/" target="_blank" rel="noopener noreferrer nofollow">Ripple to introduce a USD stablecoin</a> occupied quite a bit of the discussion. Long clarified that XRP and stablecoins complement one another and serve distinct use cases within their respective ecosystems. Stablecoins are used in transactions where cost-effectiveness and stability are essential, like USD to EUR flows, whereas XRP serves as a bridge asset for cross-currency or cross-token settlements.</p>
<p>Monica Long’s insights reveal Ripple’s strategic focus on business growth, regulatory compliance, and exploring new blockchain technology opportunities. The future of blockchain technology is likely to be greatly influenced by Ripple’s innovations in infrastructure and the clarity of regulations as the company expands.&nbsp;</p>
<h4 class="wp-block-heading" id="h-read-also">Read Also</h4>
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 <li><a href="https://cryptonewsland.com/ripples-monica-long-advocates-crypto-for-swift-global-commerce/" rel="noopener noreferrer nofollow">Ripple’s Monica Long Advocates Crypto for Swift Global Commerce</a></li>
 <li><a href="https://cryptonewsland.com/ripples-strategic-moves-discussed-by-president-monica-long-at-the-europe-2024-event/" rel="noopener noreferrer nofollow">Ripple’s Strategic Moves Discussed by President Monica Long at the Europe 2024 Event</a></li>
 <li><a href="https://cryptonewsland.com/ripple-president-monica-long-addresses-newcomer-banking-summit/" rel="noopener noreferrer nofollow">Ripple President Monica Long Addresses Newcomer Banking Summit</a></li>
 <li><a href="https://cryptonewsland.com/ripple-president-monica-long-advocates-for-xrp-etf-amid-regulatory-clarity-xrp-bullish-wave-ahead/" rel="noopener noreferrer nofollow">Ripple President Monica Long Advocates for XRP ETF Amid Regulatory Clarity, XRP Bullish Wave Ahead?</a></li>
 <li><a href="https://cryptonewsland.com/michael-saylor-regulatory-clarity-driving-bitcoin-adoption/" rel="noopener noreferrer nofollow">Michael Saylor: Regulatory Clarity Driving Bitcoin Adoption</a></li>
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<p>The post <a href="https://cryptonewsland.com/ripple-president-monica-long-discusses-business-expansion-and-regulatory-clarity-xrp-rising/" rel="noopener noreferrer nofollow">Ripple President Monica Long Discusses Business Expansion and Regulatory Clarity, XRP Rising&nbsp;</a> appeared first on <a href="https://cryptonewsland.com" rel="noopener noreferrer nofollow">Crypto News Land</a>.</p>

Ripple President Monica Long Discusses Business Expansion and Regulatory Clarity, XRP Rising

Crypto News Land

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