Monica Long, president at Ripple, believes that the XRP cryptocurrency will be approved for a spot ETF in the U.S. She predicts that various cryptocurrency spot ETFs will be launched in 2025. Long notes that several companies have already filed for a spot XRP ETF and expects the approval process to accelerate this year. Ripple is anticipating a big year for crypto and expects demand for stablecoin products to grow. The company recently launched its RLUSD stablecoin, which has been listed on multiple trading platforms. Long expects the RLUSD token to be listed on more major exchanges in the near future and hints at upcoming announcements.
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