Ripple's upcoming stablecoin will 'complement' XRP, says Ripple President Monica Long

Companies • June 25, 2024, 2:29PM EDT
Published 1 minute earlier on
UPDATED: June 25, 2024, 5:06PM EDT
The Block

Quick Take

  • Monica Long shares the strategy behind Ripple’s upcoming stablecoin launch.

Episode 38 of Season 6 of The Scoop was recorded with The Block's Frank Chaparro, and Ripple President Monica Long.

Listen below, and subscribe to The Scoop on YouTube, Apple, Spotify, Google Podcasts, Stitcher, or wherever you listen to podcasts. Please send feedback and revision requests to [email protected]

Monica Long is the President at Ripple.

In this episode, Long discusses the growth and expansion of Ripple's business, the impact of the SEC's decision on XRP, the upcoming launch of a stablecoin, and more.

OUTLINE
00:00 Introduction
00:50 Ripple Updates
02:55 Regulatory Status of XRP
04:46 Ripple Product Offerings
08:14 Ripple & Payments
09:06 Ripple's Stablecoin
19:30 Ripple & RWAs
21:41 Institutional Paradigm Shift
24:52 Closing Thoughts

This episode is brought to you by our sponsor Polkadot
Polkadot is the blockspace ecosystem for boundless innovation. To discover more head to polkadot.network

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About Author

Davis Quinton is the Director of Podcasts at The Block and runs our flagship podcast called The Scoop, hosted by Frank Chaparro. Since joining The Block as an 'intern' in early 2022, he has worked closely with leaders across departments to translate The Block's written content into engaging multimedia formats. He holds a degree in Social Research & Public Policy from New York University in Abu Dhabi and is based in Sydney, Australia.