Ripple USD launched on five exchanges in December 2024 and will expand to more platforms in 2025.
Polymarket data shows a 71% chance of XRP ETF approval in 2025, with a 24% increase in optimism within 24 hours.
Ripple's payment solution demand doubled last year, signaling robust adoption and strong growth potential for its stablecoin and services.
Ripple's stablecoin, Ripple USD (RLUSD), is set to expand its presence across more platforms, according to Ripple President Monica Long. In a recent interview with Bloomberg, Long revealed the company’s plans to build on the momentum of RLUSD, which launched on five exchanges in December 2024. These platforms include CoinMENA, Bitso, Uphold, MoonPay, and Archax.
https://twitter.com/crypto/status/1876749055566532886 Ripple USD Adoption Reflects Stablecoin Demand
Notably, the introduction of Ripple USD marks a significant step for Ripple’s payment solutions, which experienced doubled demand last year. Long highlighted the stablecoin’s potential to drive broader adoption, particularly as stablecoins become more integral to the expanding crypto market. She emphasized the increasing reliance on Ripple’s offerings by its client base, further showcasing the demand for digital assets in payment solutions.
Also, Long expressed confidence in the stablecoin’s future, stating that RLUSD’s adoption aligns with Ripple’s business growth trajectory. The stablecoin market is expected to grow significantly in 2025, with Ripple aiming to capitalize on this trend.
XRP ETF Approval Likely in the Near Future
Similarly, Monica Long also addressed the possibility of an XRP-based exchange-traded fund (ETF), noting that approval could happen soon. Following the U.S. approval of Bitcoin and Ethereum spot ETFs in 2024, the crypto ETF space has gained considerable traction. XRP is viewed as the next in line for approval, supported by data from Polymarket, which indicates a 71% likelihood of approval in 2025.
Additionally, the approval rate for an XRP ETF rose by 24% within 24 hours, reflecting heightened market optimism. This growing anticipation aligns with predictions that crypto ETF approvals will accelerate in the coming year, benefiting digital assets like XRP.
Ripple Positioned for 2025 Growth
Furthermore, Ripple's dual focus on expanding RLUSD adoption and advancing an XRP ETF reflects its strategic positioning for 2025. The stablecoin's integration into more platforms is expected to enhance its accessibility and utility, further driving adoption.
Moreover, Ripple’s involvement in the ETF space highlights its commitment to advancing financial innovation in the crypto sector. As crypto ETFs gain prominence, Ripple's efforts to secure XRP’s inclusion could strengthen its position in the global digital asset market.
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