The post Ripple President Breaks Silence on IPO Delay, Trump, and Stablecoin Plans appeared on BitcoinEthereumNews.com.

In an interview with CNBC on April 24, Ripple President Monica Long acknowledged that the U.S. is beginning to take a more favorable stance toward cryptocurrency.  However, she clarified that an IPO is not currently under discussion and that Ripple is focusing on strengthening its presence in the U.S. through acquisitions. Monica Long, President of Ripple, recently sat down with CNBC’s Arjun Kharpal to discuss Ripple’s strategy, particularly in acquisitions and the regulatory environment. With Donald Trump becoming the first pro-crypto president of the United States, Ripple is focusing on its U.S.-based operations and projects. In the meantime, Ripple is not concentrating solely on the U.S. market. Long previously indicated the company’s growth in the past, with operations growing in Europe and Asia. Specifically, Ripple has recently received a license from the Dubai Financial Services Authority (DFSA), making it the first blockchain payment provider to do so. She acknowledged the company’s long-standing legal battle with the Securities and Exchange Commission (SEC), but confirmed that it is now behind them. The July 2023 court ruling clarified that XRP is not a security, a decision she describes as “a turning point, and it’s how we’ve moved forward with our business ever since.” Potential IPO Discussions In the interview, CNBC’s Arjun Kharpal recalled, “Brad has said to me in the past, When the SEC issues are done, we can start thinking about an IPO.’ Maybe an IPO is on the cards for Ripple at some point soon?’ In response, Monica Long stated that the company is in a strong financial position, with billions of dollars in cash on its balance sheet. She emphasized that Ripple has substantial liquidity, is well-positioned for acquisitions, and is currently focused on expanding its business operations. Supporting this focus on growth, Long referenced Ripple’s recent acquisitions. CNF recently…

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Filed under: News - @ April 25, 2025 10:29 pm