Ripple President Monica Long predicted that some of the world's largest banks could launch market-ready tokenized asset products in the U.S. this year. Long made the prediction today in response to a recent talk by The Scoop podcast host Frank Chaparro. The president of Ripple said that large banks participate in cryptocurrency transactions through custody.
Ripple President Monica Long said in an interview on Tuesday that an XRP ETF could come to fruition soon, as favorable U.S. cryptocurrency legislation greatly benefits domestic companies. I think we will see more spot ETFs launched in the US this year, and XRP is likely to be the next crypto spot ETF after Bitcoin and Ethereum, Long said. Especially with the change of government, the approval of these applications will accelerate.
Ripple President Monica Long expects her Ripple USD (RLUSD) stablecoin to be listed on major cryptocurrency exchanges "soon" to continue expanding Ripple's offering and availability on other exchanges, with an announcement coming soon. But when asked about the listing of RLUSD on major platforms such as Coinbase, she declined to provide specifics.
According to Bitcoin Magazine, the city of Santa Monica, California, is now advertising its Bitcoin office to the public.
The city of Santa Monica, California, has added a "Bitcoin Office" section to its website, which is designed to find and promote bitcoin industry partnerships to support Santa Monica's economic recovery and create new jobs. It is reported that the City of Santa Monica has partnered with Proof of Workforce to discuss and consider bitcoin, including mining, investment, and education-related content, and should not be considered financial or investment advice.