Ripple President Says XRP Floodgates Will Open This Year

BullRunners (@BullrunnersHQ), a prominent crypto analyst and YouTuber, recently posted a video excerpt featuring Ripple President Monica Long. In the interview, Long described a noticeable and sudden shift in how U.S. banks approach blockchain technology and XRP. The video has drawn attention to Long’s remarks, suggesting that Bank of America’s leadership is eager to engage with Ripple’s technology. Monica Long reveals Bank of America’s CEO says, “We’re all in on #XRP .” Once BlackRock announces the XRP ETF, the FLOODGATES WILL BURST! #XRPHolders #XRPFamily pic.twitter.com/iiaeD7ejge — BULLRUNNERS (@BullrunnersHQ) May 10, 2025 A Rapid Turnaround in Institutional Tone Long began by asking, “It feels like the floodgates are going to open this year, doesn’t it?” She noted that the change in sentiment happened quickly, following the rollback of SAB 121 , which had previously locked banks out of the crypto custody market. She also drew attention to the immediate positive reactions from major financial institution executives. She stated that Bryan Moynihan, CEO of Bank of America, expressed they were “all in,” signaling a readiness to deepen involvement with Ripple’s solutions. The CEO recently spoke on Bank of America’s readiness to join the digital asset space , noting that it has been preparing for this shift. A Shifting Regulatory Climate Ripple’s history with major U.S. banks, including Bank of America, dates back to its early focus on messaging software and payment solutions. Long highlighted that although these institutions had once worked closely with Ripple, recent years brought growing regulatory uncertainty and what she called “hostility” toward digital assets. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 That environment appears to be changing rapidly. She noted that after the election, Ripple’s conversations with banking partners around stablecoin integration and transaction banking “changed overnight.” Donald Trump’s pro-crypto stance has helped the crypto market grow. Under his leadership, the SEC ended the war on crypto, which began under the former administration, and this shift has sent XRP to heights not seen since 2018. The SEC has also dismissed its lawsuit against Ripple and recently filed a motion asking the court to approve the settlement terms. The Post-Election Turnaround and Institutional Endorsement She emphasized the speed of this change and its impact on Ripple’s positioning in the financial sector. Ripple CEO Brad Garlinghouse has acknowledged this shift, attributing the renewed acceptance of cryptocurrencies to the “ Trump effect .” The post by BullRunners suggested that BlackRock’s involvement in the market through an XRP ETF would open the floodgates for XRP. While BlackRock has yet to file for an ETF, the company recently met with the SEC’s crypto task force to discuss ETF approval standards , suggesting it is interested in the market. Long’s comments reflect optimism that the barriers Ripple has faced are now being lifted, with major banks beginning to treat its products and XRP as viable components of the future financial system. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on X , Facebook , Telegram , and Google News The post Ripple President Says XRP Floodgates Will Open This Year appeared first on Times Tabloid .

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