Monica Lengthy, president of Ripple, who’s chargeable for the corporate’s enterprise, product and engineering crew, shares her views on Stablecoin Euphoria. Stablecoin Sphere’s rising fragmentation, Tradfis with “branded” Stablecoin merchandise, and case-specific L1 are actually shaping the house.
Monica Lengthy of Secure Coin Ripple: “Paying homage to NFT fever from 2020 to 2021”
Stablecoin funds are actually accepted by each the Tradfi and Defi companies as “killer” use circumstances for blockchain, Ripple’s Monica Lengthy admits within the thread. Nevertheless, some main traits within the phase are controversial.
Stablecoin funds are throughout financial institution/fee firm income calls and Crypto Twitter. What provides? 🧵 (1/7)
– Monica Lengthy (@monicalongsf) October 3, 2025
First, immediately’s Stablecoin house could be in comparison with what regarded like “NFT Fever” from 2020 to 2021. Many early, silly, silly, silly idiots lack a transparent use case. This phase would not require 100 USD pages of stivcoins, and the brand new launch right here could also be FOMO-driven.
As beforehand featured by U.At present, analyst and investor Nic Carter foresees that the USDT/USDC double layer will quickly disappear.
Interbank funds and loyalty applications stay the foremost business-driven use circumstances for stubcoins that take care of the true “ache” of companies. On the similar time, this isn’t a useful resource, as the vast majority of groups change to Stablecoins.
Second, there are various Stablecoin-based protocols related to the main fintech manufacturers. These methods don’t assure seamless Web2/Web3 interconnectivity, so customers ought to pay attention to onboarding and offboarding obstacles.
You continue to have a correspondent financial institution headache, however hey! On the blockchain
Specifically, that is painful for unauthorized cash companies in sure jurisdictions.
Stablecoin’s market capitalization will routinely hit new ATHs with over $310 billion
Subsequent, there’s a clear pattern for stubcoins which have their very own L1 blockchain. Tempo, plasma and arc are only a few of the issues right here. Such makes an attempt are associated to a big demand for capital funding, however present blockchains can deal with the identical use circumstances.
Ripple’s president is smart to construct a Stablecoin-specific blockchain from scratch provided that funds require particular options and options.
Ripple’s Stablecoin RLUSD, issued by Ethereum (ETH) and XRP Ledger, noticed its market capitalization rise by greater than 11% in only one month.
RLUSD’s distribution provide is almost $790 million. In the meantime, the aggregated capitalization of the Stablecoin phase exceeds $300 billion, the very best ever.
Thus far, USDT and USDC are the 2 largest idiots, chargeable for over 80% of this type of complete.
