Ripple's top executive has announced key content of her speech at upcoming Ripple event
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Aside from influencers on stage, developers building on XRP Ledger at the moment will get an opportunity to present the most promising projects to the community., which was officially launched a month earlier. She said that this year, the company intends to push RLUSD to exponential growth with its promising use cases: on/off ramps, access to U.S. dollars and B2B cross-border payments.
The year started with several RLUSD listings; support for it was added by such major cryptocurrency exchanges as Bullish, Bitso and Moonpay. According to Long, Ripple continues to expand RLUSD distribution and availability. She is certain that the stablecoin will imminently be added by such giants of the crypto industry as Coinbase, Binance and many others.
Overall, the Ripple president expects this year to be big for crypto and for stablecoins as well, since demand for them is likely to continue growing, and they are used as a key asset in cryptocurrency trading. Therefore, the stablecoin market is going to “grow tremendously” over the course of this year. Besides, she said that last year, Ripple’s payment business doubled, so they see a rising trajectory for 2025. RLUSD is going to be a very useful tool here.
Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions.
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