Ripple President Monica Long said the company’s recent investments in ZILO and Licuido reflect what she described as a fundamental shift by banks toward blockchain-based finance. According to Long, traditional financial institutions have moved past isolated pilot tests and are now issuing tokenized funds in live settings. She said real-world assets on the XRP Ledger have reached $3.97 billion.
Long said Ripple’s strategy is to offer services across the full digital asset lifecycle, with Ripple USD (RLUSD), a stablecoin with a $760 million market capitalization, serving as the liquidity base. She also pointed to a recent approval from the Central Bank of Ireland for investment firm Aviva Investors to launch a U.S. dollar liquidity fund on XRPL, calling it a regulatory precedent for traditional capital entering public ledgers.
She added that the network now includes commodities, sovereign funds, and more than $650 million in credit products, forming a multi-layer market structure that operates around the clock. The remarks were cited by U.Today and carried by Techub.
Ripple President Monica Long said the company’s recent investments in ZILO and Licuido were a response to what she described as a fundamental shift in banking toward blockchain.
Long said traditional financial institutions have passed a key turning point, moving from isolated testing to the actual issuance of tokenized funds. She said real-world assets, or RWAs, on the XRP Ledger have reached $3.97 billion.
She said the strategy is designed to provide services across the full digital asset lifecycle, with Ripple USD (RLUSD), a stablecoin with a $760 million market capitalization, serving as the liquidity foundation.
Long also pointed to a recent approval from the Central Bank of Ireland for investment giant Aviva Investors to launch a U.S. dollar liquidity fund on XRPL. She said the move set a regulatory precedent for traditional capital entering a public ledger.
The network currently integrates commodities, sovereign funds, and more than $650 million in credit products, forming a round-the-clock, multi-layer market structure.
The remarks were reported by U.Today and republished by Techub.
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