Ripple President Foresees Cryptocurrency Institutionalization in 2024
By
Yukio Tanaka
1 min read
⚠️ Heads up: this article is from our "experimental era" — a beautiful mess of enthusiasm ✨, caffeine ☕, and user-submitted chaos 🤹. We kept it because it’s part of our journey 🛤️ (and hey, everyone has awkward teenage years 😅).
Ripple President, Monica Long, hints at the institutionalization of cryptocurrencies in 2024. She points to the increasing adoption of blockchain technology by major financial institutions as a key factor. Long refers to her recent attendance at the Newcomer Banking Summit to discuss the benefits of incorporating digital assets into operations. She also highlights the increasing interest in digital currencies from both retail and traditional financial institutions. Long sees even greater potential leading to the institutionalization of crypto on a macro scale and bringing vast benefits.