Ripple USD Gains Traction, Partners with Chainlink, and Eyes XRP ETF Approval

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Ripple USD Gains Traction, Partners with Chainlink, and Eyes XRP ETF Approval

Ripple has announced significant progress with its stablecoin, Ripple USD (RLUSD), strengthening its market position through strategic partnerships and innovations. President Monica Long confirmed that Ripple USD, introduced in December 2024 on five significant exchanges—CoinMENA, Bitso, Uphold, MoonPay, and Archax—will expand to more platforms in 2025. Additionally, Ripple has partnered with Chainlink, a leader in decentralized oracle networks, to enhance its ecosystem and strengthen its position in the rapidly evolving crypto market.

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Ripple and Chainlink Partnership

Ripple’s collaboration with Chainlink highlights its focus on innovation and interoperability in the blockchain space. The partnership will see Ripple payment and stablecoin platforms incorporate Chainlink’s decentralized Oracle technology to provide secure and accurate data feeds across various applications. Linking to Chainlink’s experience, Ripple aims to further its utility and, thus, the adoption of Ripple USD across the real economy, significantly in cross-border payment and decentralized finance (DeFi).

This partnership emerges at a time when Ripple is expanding its architecture to accommodate more functionalities and increase financial accessibility worldwide. Ripple’s solutions will benefit from adding Chainlink’s oracles because they will improve the reliability and scalability of Ripple’s solutions among businesses and developers.

Stablecoin Momentum and Growing Market Demand

Monica Long highlighted Ripple USD’s rapid growth since its launch, attributing its success to the increasing demand for Ripple’s payment solutions. The company reported doubling demand for its services in 2024, driven by strong adoption among its global client base. Ripple’s focus on stablecoins will also likely fit expectations for expanding stablecoin usage in 2025 as cryptocurrencies become increasingly mainstream.

It will be notable that Ripple USD continues to add more exchanges for trade, and its presence on other platforms will make it one of the most used stablecoins in the market. This integration with Chainlink also improves its capability, as does the underlying structure, to achieve smooth and secure transactional capacity across multiple sectors.

XRP ETF Approval on the Horizon

Monica Long also addressed the possibility of an XRP exchange-traded fund (ETF), expressing confidence in its approval. Ripple anticipates the launch of multiple crypto spot ETFs, with XRP likely following Bitcoin and Ethereum in gaining regulatory approval. Approving an XRP ETF would mark a significant milestone, opening up new opportunities for institutional investors and broadening Ripple’s market reach.

Recent data from Polymarket has fueled optimism, showing a 71% chance of XRP ETF approval in 2025. This figure, which rose by 24% in just 24 hours, reflects growing market confidence in Ripple’s ability to navigate the regulatory landscape and deliver innovative financial products.

Conclusion

Ripple’s progress with Ripple USD, its strategic partnership with Chainlink, and the anticipated XRP ETF approval underscores its commitment to growth and innovation. As stablecoin adoption rises and crypto ETFs gain traction, Ripple is poised to shape the future of cryptocurrency and blockchain solutions.

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