RLUSD Listing on Major Exchanges Imminent: Ripple President Hints at Growth Prospects
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Here’s When RLUSD Will Get Listed by Other Crypto Exchanges: Ripple’s President
Ripple’s president has dropped a bombshell in her latest interview with Bloomberg, hinting at the imminent listing of their newly minted stablecoin, RLUSD, on major cryptocurrency exchanges such as Coinbase and Binance. According to Monica Long, the executive believes that Ripple’s payments solution is poised for strong growth, directly contributing to RLUSD’s premium role.
The statements made by Long seem to suggest that these prominent exchanges will soon be embracing RLUSD. While there’s no concrete timeline given, it’s clear that Ripple sees a rosy future ahead. In fact, Long explicitly stated that people should “expect such a move imminently.” The implication is stark: Ripple’s stablecoin is set to gain widespread adoption in the near term.
As we’ve seen before, RLUSD has already gained traction on Uphold, Bitstamp, and other exchanges. However, it’s the larger players like Coinbase and Binance that will truly put this stablecoin on the map. The sheer size of these platforms could catapult RLUSD into mainstream recognition, providing a significant boost to Ripple’s overall business.
In related news, Long also touched upon the possibility of an XRP ETF in 2025. In her words, “We think, especially with the administration change, the approvals of those filing will accelerate.” This comment implies that the new head of the US Securities and Exchanges Commission (SEC), Paul Atkins, may hold a more favorable stance towards crypto. The shift in leadership could pave the way for an XRP ETF to be approved this year.
In essence, Ripple’s president has set the stage for some significant developments in 2025. RLUSD is expected to make a strong entry into the mainstream market, while also opening up potential opportunities for Ripple’s cryptocurrency, XRP.
Source: cryptopotato.com
