Ripple President Flags Key Stablecoin Challenges and Progress as RLUSD Adoption Grows

Ripple’s president, Monica Long, is drawing attention to the growing role of stablecoins in global finance, emphasizing that businesses can no longer afford to sideline them.

Speaking at the recent Stripe Sessions and later summarizing her thoughts online, Long laid out Ripple’s key lessons from its journey through blockchain payments.

One of her core messages: stablecoin success hinges on smooth integration with local financial systems. That means banks need regulatory certainty—a condition that’s steadily improving compared to just two years ago, according to Long.

She also noted that while it’s tempting for fintech firms to operate as pure software providers, real-world impact demands navigating strict compliance environments. Ripple, now holding over 60 licenses globally, has leaned into a regulation-first strategy to stay ahead.

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Long also warned of a looming challenge: for stablecoins to compete in the foreign exchange space, they’ll need deep liquidity across a wide range of fiat currencies.

Her insights come at a time when the stablecoin market is booming, recently crossing the $240 billion mark. Ripple’s own RLUSD has emerged as a rising player since launching in late 2024. The token is now live on major exchanges including Kraken and Gemini and is being adopted across DeFi platforms such as Aave and Curve.

Ripple has further expanded RLUSD’s utility by acquiring Hidden Road, a financial services firm that will use the token as collateral, tightening the link between traditional finance and digital assets. RLUSD is also integrated into Ripple’s own payment infrastructure, reinforcing the company’s strategy to make stablecoins a pillar of future cross-border finance.

Alexander Stefanov

With over 8 years of experience in the cryptocurrency and blockchain industry, Alexander is a seasoned content creator and market analyst dedicated to making digital assets more accessible and understandable. He specializes in breaking down complex crypto trends, analyzing market movements, and producing insightful content aimed at educating both newcomers and seasoned investors. Alexander has built a reputation for delivering timely and accurate analysis, while keeping a close eye on regulatory developments, emerging technologies, and macroeconomic trends that shape the future of digital finance. His work is rooted in a passion for innovation and a firm belief that widespread education is key to accelerating global crypto adoption.