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Ripple's president highlights XRP as key in building a global 'Internet of Value' despite current bearish sentiment.

Market News
18 Aug 2026
Dailycoin
View Source
Neutral
Ripple's president highlights XRP as key in building a global 'Internet of Value' despite current bearish sentiment.

Ripple's President Monica Long emphasized XRP's central role in creating an 'Internet of Value' during her keynote at MERGE São Paulo, highlighting Ripple's strong regulatory compliance with over 75 licenses worldwide. This approach aims to provide a full digital asset lifecycle service for enterprises and institutions. Despite this positive vision, XRP is currently facing bearish sentiment and price decline, trading near $1.00 after a peak of $3.65 last year. The company remains focused on long-term value movement across the web, positioning XRP as a key player in institutional digital asset management.

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