A tweet from crypto commentator All Things XRP highlighted a recent interview with Ripple President Monica Long, describing it as a moment where she “lit up CNBC with massive updates.” The tweet, which included direct quotes from the interview, offered a breakdown of Long’s statements on XRP, the XRP Ledger, Ripple’s stablecoin plans, and the growing engagement of traditional financial institutions with blockchain technology. RIPPLE’S MONICA LONG JUST LIT UP CNBC WITH MASSIVE UPDATES. We have extracted every key quote you need to see from her interview — broken down for you: On XRP: “XRP serves a couple different roles… within the blockchain, the XRP Ledger, it’s the native asset, so you… pic.twitter.com/QGkcPHM6fB — All Things XRP (@XRP_investing) April 25, 2025 XRP: A Critical Component of Ripple’s Strategy Monica Long emphasized XRP’s essential role within the XRP Ledger, explaining that it is required for transaction fees and account reserves. She stated, “XRP serves a couple different roles… within the blockchain, the XRP Ledger, it’s the native asset, so you need it for gas fees, you need it for the reserve account minimum, and so as there’s more users and more use cases built on XRP Ledger, that asset will always be needed.” She also discussed XRP’s function in liquidity provisioning on XRPL. “Within that exchange… if a trading pair doesn’t have liquidity between it, it auto-bridges, goes between XRP for efficiency, speed, and cost… so that will be an increasingly important use case as more activity comes to the blockchain.” Long confirmed that Ripple continues to use XRP as part of its payments offering depending on customer needs, adding, “It’s kind of dependent on customer use case.” XRPL: Designed for Functionality and Innovation Long described the XRP Ledger as an early attempt to improve Bitcoin’s limitations. “The original XRP Ledger launched as… Bitcoin 2.0… in their brains, they were thinking of Bitcoin as this ingenious invention, how can we improve upon scalability and tinker with the consensus model so that you could enable things like an exchange within the blockchain itself.” She reinforced the company’s long-term alignment with XRPL development, noting, “The whole company started because three developers created the XRP Ledger… and so we’ve always had a belief in building use cases that would make use of the efficiency within XRP Ledger.” Ripple continues to enhance the ledger, including adding lending protocols and a multi-purpose token amendment. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 Ripple USD (RLUSD) and Institutional Stablecoin Demand On the subject of stablecoins, Long explained the rationale behind Ripple’s decision to launch RLUSD, citing its relevance to Ripple’s cross-border payments business. She highlighted RLUSD’s utility and availability. “It’s quick, right, you can get effectively the equivalent of a dollar in digital version… and then 24 by 7 availability… as opposed to using this kind of real-time rail for stablecoins.” Long said the stablecoin market is projected to exceed $3 trillion , adding that Ripple focuses on institutional usage. One area gaining momentum is using stablecoins as collateral: “One that I think is getting more and more attention is using [stablecoins] as an asset for collateral for trading in the more traditional institutional world… this is one that’s definitely spiking for us.” Bridging Traditional Finance and Blockchain Long also addressed Ripple’s relationship with the banking sector. Recalling the early years, she said, “In 2014… we knocked on the doors of banks and we explained… you could do cross-border payments on a blockchain and it would be near instant, almost free… they were like, slam the door in our face.” But today, she said, banks are far more receptive. “They have embraced it a lot more.” She clarified that Ripple’s role is to serve as an intermediary, and acknowledged how regulatory shifts make banks more willing to engage with blockchain services. Long concluded with a critique of legacy financial systems. “When you talk to the banks, the effort to run those products, it’s kind of shocking, a lot of the backend process is still manual or it’s paperwork, it’s just all this stuff that could be automated and just made more efficient with technology.” As All Things XRP noted in his coverage of the interview, Ripple is no longer operating in a limited capacity. Under Long’s leadership, it is positioning itself to help build the infrastructure underpinning the next phase of institutional finance. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. 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