“I think we will see an XRP ETF very soon,” said Ripple President Monica Long in an interview with Bloomberg. According to her, the approval of an ETF for XRP will be the next step after the recent approvals of Bitcoin and Ethereum funds.

She noted that regulatory changes and applications filed by companies like Canary strengthen confidence in its imminent approval. Long believes this event will create new opportunities for investors and attract institutional funds.

“We are seeing significant growth in demand for stablecoins and our payment solutions. Over the past year, this segment of Ripple’s business has doubled,” Long added, emphasizing the importance of RLUSD for cryptocurrency infrastructure.

She also stated that Ripple is actively working to expand the availability of RLUSD on exchanges and promised announcements in the near future.