🚨Monica Long, the CEO of Ripple, stated that institutional demand for XRP and RLUSD is exceptionally high. This significant increase in demand is largely attributed to the growth of Ripple's payment business and the increasing reliance on stablecoins in the cryptocurrency market, according to Cointelegraph. The RLUSD stablecoin is expected to play an important role in this growth, particularly in Ripple's payment solutions, according to Cointelegraph.
