Ripple president Monica Long has discussed Ripple's stablecoin RLUSD and its use cases in a recent interview. She mentioned that the stablecoin market is expected to experience exponential growth this year, and RLUSD's use cases, such as on and off ramps, access to digital USD, and cross-border payments, will become more robust. Long also stated that RLUSD will be supported by complementary assets like XRP. RLUSD has been listed by the Bitstamp exchange, and Long believes other major exchanges like Coinbase will soon list the stablecoin. The executive expects RLUSD to be used by financial institutions and retail traders for various purposes. Currently, RLUSD has a market capitalization of around $73 million.



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