At the XRPL Apex event in Singapore, Ripple President Monica Long identified regulatory clarity as a pivotal moment for the cryptocurrency industry.
During her closing keynote on Day 1, Long described a growing momentum driven by clearer regulatory guidelines. She stated, “It’s taken time to get to where we are in this moment, but it has never been better.” This shift contrasts with years of hesitation from potential partners due to regulatory uncertainty surrounding crypto.
Ripple’s developer-focused division, RippleX, reinforced Long’s message on social media, emphasizing how transparent U.S. regulations could unlock significant opportunities for global blockchain innovation.
Additional insights from a panel featuring Long, Ripple CEO Brad Garlinghouse, and Pat Patel highlighted the increasing pro-innovation stance in the U.S., Asia-Pacific momentum, and institutional involvement pushing blockchain’s growth in areas like stablecoins and real-world assets (RWAs).
Notably, tokenized U.S. Treasuries are now accessible on the XRP Ledger. Ondo Finance’s OUSG token, supported by BlackRock’s BUIDL fund, offers 24/7 institutional access and can be minted and redeemed via Ripple USD (RLUSD), signaling advancement in on-chain finance.
Furthermore, the Digital Commercial Paper (DCP) is live on the XRP Ledger, managed by Guggenheim Treasury Services and powered by Zeconomy, marking progress in digital asset infrastructure.