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In a recent tweet, Ripple CEO Monica Long He talked about the exciting new thing that Ripple has done which is RLUSD after speaking with Bloomberg Crypto about it the other day.
I also mentioned XRP when discussing use cases for Ripple USD (RLUSD). Meanwhile, RLUSD has been listed by the major European exchange Bitstamp and several trading pairs have been added with it.
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Monica Long, President of Ripple, shared a video from her recent interview with Bloomberg. She stated that she started 2025 by talking about one of her "new favorite topics - RLUSD."
Adding to what was said in that interview, Ripple's senior executive stated that the stablecoin market this year is poised for “exponential growth,” and thus the use cases for Ripple USD, including ingress and egress, access to the digital dollar, enterprises and cross-border payments.” "I became stronger." Long also commented that RLUSD “will be backed by complementary counterparty-free assets such as XRP.”
Ripple CEO says next year will be big for crypto and RLUSD
Monica Long believes that after RLUSD is adopted by large cryptocurrency exchanges like Bitstamp and Bullish, other giants, such as the US-based publicly traded Coinbase, will list the “Ripple Dollar” soon – “soon” with Ripple still going. Working to expand the distribution and overall availability of their stablecoin. like U.Today reported it earlier, Bitstamp Added several trading pairs based on the new asset: RLUSD/EUR, RLUSD/USDT, RLUSD/USD, RLUSD/BTC, RLUSD/ETH, and RLUSD/XRP.
The Ripple CEO also revealed that RLUSD is expected to be largely used by financial institutions and retailers as well – for international B2B transfers, for trading, etc. Ripple expects the markets to “grow tremendously over the next year.” As for demand for Ripple payments from Ripple customers, it has doubled in the past year, according to Long. The president added that the company sees a “strong growth trajectory” for its payment solution based on RippleNet and powered by XRP, in which RLUSD will certainly play a “distinct role.”
Currently, according to data shared by CoinGecko, RLUSD boasts a market capitalization of around $73 million with over 80 million coins minted by Ripple since the official launch in early December.
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