Ripple President: Expect XRP ETF to be launched in the United States soon
According to Bitcoin.com, Ripple President Monica Long said in an interview with Bloomberg on Tuesday that the XRP ETF could soon become a reality as favorable U.S. cryptocurrency legislation may bring significant benefits to domestic companies.
Long stated: "I think we will see more spot ETFs launched in the United States this year, and I believe that after Bitcoin and Ethereum, XRP is likely to be next. We believe that these applications will accelerate especially with the change of government."
In addition, Long also revealed that Ripple's new RLUSD stablecoin will be listed on more exchanges and the company expects it to play a crucial role in its currency and payment business.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Scam Sniffer: A User Loses Nearly $120,000 in WBTC Due to Signing a Phishing Transaction
Nano Labs increases its BNB holdings to 128,000
Bankr is developing an API to enable proxy crypto payments and information layer support
ShellAgent 2.0 surpasses 500,000 trial applications within five days of launch
Trending news
MoreCrypto prices
More
