How Ripple's upcoming stablecoin will 'complement' XRP | The Scoop Podcast w/ Monica Long

[@carolynvo7802]

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[@Rexylang22]

The proposed incineration of a substantial part of XRP's total circulation stands to significantly influence its market price. This reduction in available XRP would likely enhance its value, as scarcity tends to drive up prices. This scenario, along with Ripple's current legal proceedings and its formation of key alliances, might make XRP an especially appealing option for cryptocurrency investors. It's advisable for investors to keep a keen eye on Ripple's maneuvers and the corresponding market responses. Such movements could unveil distinctive investment prospects in the ever-changing world of cryptocurrencies. My coach, Elise Monroe , has emphasized the importance of understanding these market dynamics and staying informed about such pivotal events in the crypto realm.

[@Rexylang22]

She's mostly interacts on Telegrams, using the user-name...

[@Rexylang22]

@elisemonroe

[@BrianSmith-nw9pi]

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[@michaelmurphy462]

Still unclear how the new RLUSD stablecoin will "complement" XRP ..... my fear is that the rl stablecoin will be a roaring success, whilst XRP will stagnate even further. I hope I am proven wrong

[@shawnv887]

My thoughts exactly

[@tz6516]

You will be correct. XRP’s use case will only be the RLUSD’s gas fee token.

[@locobear5507]

Please hurry up and make the institutions buy XRP at high price because it's embedded in the retail mind that XRP is sub-1 dollar coin. We, the XRP ARMY, paid for Monica Long's house and all her expenses!!

[@tz6516]

Monica now has a nice boat and gets to fly on the company jet. Two years from now, XRP will moon to 70 cents and Monica will have her ski in/ski out lodge in the Swiss Alps. Ripple continues to sell XRP and the Army continue to buy. Who is smart and who is not??

[@_HAHM_]

I’m so thankful to be able to be apart of something so impactful!

[@NerdyX90]

RLUSD is needed for regulation. Everything is coming together.

[@tz6516]

How does the XRPL offer tokenization…if the XRPL cannot accept smart contracts ?!

[@pdubb7749]

Ripple is going in a million directions. Having a hard time breaking into the us market. To do this, they will have to pay to play with the big banks.

[@A.I.-]

No... I guess you haven't been following on the Ripple/XRP updates and news.

[@pdubb7749]

@A.I.- all blah blah. Same old news. Partnerships, lawsuits, etc.

[@xrpvegas5407]

Let’s hope

[@xrpvegas5407]

No they won’t bank need them more than they need banks

[@pdubb7749]

@xrpvegas5407 XRP not the only token that performs this task. Look it up, and they are not going through any litigation. Ripple wants to get into the banking industry, but they have to pay.

[@Tron2pointOh]

Not really impressed. Ripple needs a more aggressive president.

[@Nanoinco]

Wish I could meet one of y’all. Lol. So much to learn. What’s better.Zim 100 trillion dollar bond or xrp?

[@M00NKK3YYZ]

🛍🛍🛍

[@gordondkrbavac6861]

Oh Yeah !!!!!!!!

[@fireguydale7286]

Great interview. Thanks for sharing.

[@orkunugurlu9967]

how will the privacy of xrp be?

[@theproxy6841]

so when can i buy ripple shares?

[@MorganrhysLingard]

But wait! Isn’t xrp a dead coin!? Isn’t xrp useless!? Isnt xrp all hype and isn’t going anywhere!? Yeah. Now you all can stfu. 🤗

[@Minecrafanatic123]

She literally said it's not needed for big economies

[@MorganrhysLingard]

Yeah and you need todo some well due diligence. You’ve not a clue what she’s actually saying.

[@tz6516]

50 TPS. The Liquidity Hub cannot use XRP. The XRPL Foundation just up and quit. Ripple is a mess and so is Monica’s propaganda.

[@eamonhannon1103]

Not very clear differentiation between use case for XRP versus stable coin ? Is XRP being sidelined in favour of stable coin solution for transactions ? Am I wrong ?

[@jazzr3616]

XRP comes in when they send RLUSD , USDC or EUSD or any other country’s stable coin cross border then XRP is needed to bridge the asset and cashed out or converted back to the sovereign currency of the country its being sent to. So the stable coins for every other country give XRP utility and gives it more purpose.

[@A.I.-]

@@jazzr3616 yep, XRP will bridge all these stablecoins (and assets). Nice to see someone who knows what they are talking about ;) Keep packing your XRP bags bro while its cheap.

[@xrpvegas5407]

Yes you’re wrong.. as Brad says don’t lose the story line

[@joeharry32817]

Googlesearch "does apple pay interledger protocol require xrp" .. _Apple integrates Ripple's Interledger in iOS 18 for the 'Tap to Pay' system. Ripple's ILP doesn't require XRP_ .._The Interledger Protocol is not a blockchain and doesn't have a native token. It also doesn't use tokens but allows people to send payments to each other using any payment method, including XRP_ _Any currency or asset can be used to transact on the Ripple Network, which doesn't need XRP to function. However, XRP provides liquidity when necessary, acting as a bridge between two_ My impression..if xrp has the use case as claimed for so long ..it would hv been used by institutions by now.. if institutions can use ILP or Ripplenet without involving XRP.. they surely would choose such a way.. why would any institutions opt to pay a fee (ie using XRP as a bridge) if they have the option avoid it? This could be the main reason why XRP has not, until today been used as a bridge for settlements

[@tz6516]

@@xrpvegas5407 The story is now a twelve year novel of fiction.

[@jimmyjames3173]

🔥

[@Abeezy-Byob]

🚀🚀🚀🚀

[@richardontube]

I think you mean 'complementt'.

[@ServandoIV]

Summer of 2025 is I think when all these are gonna happen fast. Trump’s card will be Ripple and XRP.

[@maimai1311]

The hesitation when he ask how business

[@tz6516]

She has been at Ripple for a decade, but still cannot distinctly explain the Ripple plan. Another word salad lady.

[@QiLinz]

Still don’t get how XRP would be benefiting from this stable coin business!

[@kub1353]

Ripple has businesses all over the world. Xrp benefit from this when people want to exchange rlusd to the currency of their country. Rlusd to Xrp to Japanese yen.

[@CYI-v4o]

The token, XRP is nothing for Ripple's global payment system. You buy XRP like donation to Ripple, the company has own stock and if Ripple grows up, stock price will go up, not XRP.

[@Falcon2609]

BS 🤡

[@user-od4op6ng9y]

You sure drank your clown juice before commenting

[@hombreenbusca1532]

Wrong. XRP is the magic that does the transactions. Ripple is the genius behind it. Think. XRP goes up with Ripple.

[@Falcon2609]

@@hombreenbusca1532 Facts