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Ripple USD will soon be available on more platforms, boosting the adoption of stablecoins.
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Ripple’s payment solutions have seen a strong growth in demand, with the demand for these solutions doubling last year.
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Polymarket predicts a 71% approval rate for XRP ETF in 2025. This is fueling the market’s optimism.
Monica Long, Ripple’s president, has announced that the company’s stablecoin Ripple USD will be launched on more platforms in the near future. In a recent Bloomberg interview, Long highlighted Ripple’s stabilitycoin momentum after introducing it on five exchanges, including CoinMENA Bitso Uphold MoonPay and Archax, in December 2024.
Long expressed confidence in Ripple USD’s future, pointing out the strong growth in Ripple’s business, especially in payments. She noted that the demand for Ripple’s payment solutions has doubled in the last year, indicating a solid adoption by Ripple’s client base.
Long also said that the market for stablecoins is likely to grow in 2025 along with the overall expansion on the crypto market.
XRP ETF Approval is on the Horizon
Long also addressed the possibility of a XRP ETF. She believes that approval will be imminent. She believes that various crypto spot ETFs will launch soon, including one tied directly to XRP.
XRP: Big firms Bet on the Future of Crypto Investments
Ripple’s involvement in the ETF market is linked to the global trend for crypto ETFs that have gained traction – particularly with Bitcoin and Ethereum. Long said XRP is likely to be the next ETF after Bitcoin and Ethereum.
Polymarket’s positive outlook for XRP ETF approval
Data from Polymarket shows that there is a 71% likelihood of an XRP-based ETF being approved in 2025.
This figure has risen by 24% in 24 hour since, which adds to the clamor for an XRP ETF.
Since the approval of spot BTC ETFs and ETH ETFs by the U.S. in 2024, many have expected approvals for crypto-ETFs to accelerate.
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