Ripple President Monica Long recently discussed the ongoing SEC case, the launch of RLUSD, and the strategic plan for the XRP Ledger. In a recent interview, Long shed light on these important topics.
Regarding the SEC case, Long emphasized that Ripple is committed to cooperating with the SEC and is confident in the company’s position. She reiterated that Ripple believes XRP is not a security and will continue to defend this stance.
Long also touched on the recent launch of RLUSD, a stablecoin pegged to the US dollar on the XRP Ledger. She highlighted the benefits of RLUSD, including its stability and efficiency in cross-border payments.
In terms of the strategic plan for the XRP Ledger, Long discussed the importance of expanding the ecosystem and increasing adoption of XRP. She highlighted initiatives such as the development of decentralized finance (DeFi) applications and partnerships with financial institutions.
Overall, Long’s insights provide a glimpse into Ripple’s current priorities and focus areas as the company navigates through the challenges and opportunities in the cryptocurrency space.