Ripple's stablecoin is seeing widespread adoption, with major cryptocurrency exchanges like Coinbase expected to list it soon. Ripple's president anticipates an XRP ETF approval in 2025, citing the potential for pro-crypto leadership at the SEC to favor such products. Several exchanges have already embraced the stablecoin, and industry observers predict continued growth in 2025, with stablecoins playing a key role.
Ripple's stablecoin is gaining traction, with major exchanges like Coinbase expected to adopt it soon. The company’s president sees an XRP ETF likely in 2025, with pro-crypto SEC leadership potentially favoring the launch of such products.Uphold, Bitstamp, Bitso, Moonpay, CoinMENA, and others were the first cryptocurrency exchanges to embrace the stablecoin. Around Christmas, the Peter Thiel-backed Bullish also noted that the crypto market has been growing in the last quarters.
She predicted that 2025 could also be successful for the industry, claiming that stablecoins might play a crucial role. She assumed that US-based companies would introduce more crypto ETFs this year and that an XRP exchange-traded fund “is likely to be next in line.” “We think, especially with the administration change, the approvals of those filing will accelerate,” Long suggested. He will replace Gary Gensler, who has been considered a huge enemy of the crypto industry. During his tenure, the securities regulator filed numerous lawsuits against cryptocurrency businesses, and perhaps the most popular is Gensler’s successor, Atkins, has shown a pro-crypto stance in the past, and the XRP army believes this could result in a favorable resolution of the legal battle that has been ongoing since December 2020
RIPPLE STABLECOIN ETF SEC CRYPTOCURRENCY MARKET
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