Ripple President Monica Long Forecasts Groundbreaking Developments for RLUSD Stablecoin and Anticipates XRP ETF in 2025

Ripple President Monica Long has set high expectations for 2025, forecasting groundbreaking developments for Ripple's RLUSD stablecoin and an anticipated XRP ETF.

Ripple President Monica Long Anticipates XRP ETF, RLUSD Exchange Listings, and a ‘Big’ 2025 for Crypto

Ripple Labs’ President Monica Long has set the stage for an ambitious 2025, teasing groundbreaking developments for Ripple’s RLUSD stablecoin and an anticipated XRP exchange-traded fund (ETF).

In an interview with Bloomberg Crypto on Tuesday, Long shared insights into Ripple’s roadmap and its commitment to expanding RLUSD’s reach.

RLUSD, an enterprise-grade USD-denominated stablecoin, is currently available on platforms like Bitso, MoonPay, and CoinMena. When asked about the stablecoin’s potential listing on larger platforms like Coinbase, she hinted at additional exchange listings, including Bullish, Mercado Bitcoin, and others.

“We are continuing to expand distribution and availability of Ripple Dollars on other exchanges. You can expect more announcements very soon,” Long noted.

She further expressed her expectations for RLUSD adoption throughout the year. “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,” she added.

Launched in 2024, the RLUSD stablecoin is designed as an enterprise-grade, USD-denominated asset with a 1:1 peg to the U.S. dollar. It is issued on both the XRP Ledger and Ethereum blockchains, offering low-cost, instant settlement for cross-border payments.

Highlighting the next major development, Long expressed optimism regarding a potential XRP ETF. “I think we will see one very soon,” she stated, referring to the various companies that have already filed applications.

She expects XRP to be the next cryptocurrency to receive regulatory approval for a spot ETF in the U.S., following Bitcoin and Ether. This development could significantly boost institutional adoption of the digital asset.

Long’s remarks come amid significant developments for Ripple, including the recent integration of the Chainlink standard for verifiable on-chain data.

Announced on January 7, this partnership aims to provide high-quality pricing data for RLUSD on the Ethereum blockchain, facilitating its use in DeFi applications such as trading and lending.

Recently, Ripple 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 advances, XRP’s price has experienced significant 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 is trading at $2.34, reflecting a 1.32% surge over the past 24 hours.