Ripple President Predicts Surge in Crypto ETFs and Stablecoin Market Growth
- Monica Long, Ripple president, forecasts more crypto spot ETFs will be approved in the US.
- XRP is expected to be next for ETF approval, following Bitcoin and Ethereum.
- The SEC approved the first Bitcoin spot market ETFs last January and Ethereum ETFs in July.
- XRP is currently trading at $2.36 with a slight increase over the past day.
- The stablecoin market, valued over $150 billion, is projected to grow to over $3 trillion.
Monica Long anticipates that additional ETF approvals will significantly impact digital assets by 2025, with XRP likely being among the next to receive approval. The stablecoin market is also expected to experience substantial growth.