Monica Lengthy, president at Ripple, believes that the XRP cryptocurrency will probably be subsequent in line for spot ETF approval within the U.S.
Throughout a Tuesday interview with Bloomberg, Lengthy predicted that varied cryptocurrency spot ETFs will probably be launched in 2025.
Final 12 months, the SEC famously accredited Bitcoin and Ethereum ETFs.
Lengthy has famous that plenty of totally different corporations have already filed for a spot XRP ETF. Ripple is anticipating the approval of those filings to speed up this 12 months.
RLUSD will get extra listings
In accordance with Lengthy, Ripple thinks that this 12 months will probably be huge for crypto “total.” Therefore, demand for stablecoin merchandise is predicted to develop together with that.
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In December, the corporate formally launched its RLUSD stablecoin, which has been already listed on a number of buying and selling platforms reminiscent of Bullish.
In accordance with Lengthy, RLUSD is predicted to get extra listings within the close to future on main exchanges.
She has added that extra bulletins concerning the availability of the RLUSD token are coming quickly.
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