Ripple President Monica Lengthy just lately mentioned the rising significance of stablecoins in as we speak’s altering digital finance panorama.
In a tweet following her look at Stripe Classes discussing why companies can not afford to disregard stablecoins, the Ripple president shared a couple of key insights.
It was nice to hitch @stablecoin,@tryramp and @airtminc on stage at @Stripe Classes as we speak discussing why companies can’t ignore stablecoins.
A number of classes we have realized over time – 1/ blockchain funds want connectivity to native rails, and connectivity depends upon financial institution… pic.twitter.com/CVf54LxGEq
— Monica Lengthy (@MonicaLongSF) Could 9, 2025
Lengthy outlined three main takeaways Ripple has realized whereas navigating the advanced world of blockchain funds. First, Lengthy famous that blockchain funds want connectivity to native rails, and this connectivity depends upon financial institution companions having regulatory consolation and readability. “We’re in a starkly higher place now than 2 years in the past,” she added, implying that the worldwide regulatory atmosphere is regularly turning into extra supportive of digital asset integration.
Regardless of the attraction of working as a software-only supplier, Lengthy identified the numerous challenges in doing so. Ripple, which now holds over 60 licenses worldwide, has opted for a compliance-first method to make sure operations throughout numerous jurisdictions.
Because the market grows, stablecoins would require liquidity throughout world currencies to compete with conventional FX markets, Lengthy added, referring to this as “the subsequent business problem.”
RLUSD beneficial properties traction as stablecoin market expands
Lengthy’s feedback come because the stablecoin market expands, with the whole stablecoin market capitalization just lately surpassing $240 billion.
Ripple’s RLUSD stablecoin has gained traction since its launch in December 2024. Ripple has built-in RLUSD into Ripple Funds and introduced the acquisition of Hidden Street, which is able to use RLUSD as collateral for its purchasers, making a essential bridge between crypto and conventional finance.
RLUSD is now out there on new exchanges, together with Kraken and, most just lately, Gemini, along with being utilized in DeFi liquidity swimming pools like Aave and Curve Finance.
RLUSD has crossed $300 million in market valuation, at present at $316 million, in line with CoinMarketCap information. Within the final 24 hours, Ripple USD volumes have skyrocketed 109% to exceed $186 million.