Ripple President Monica Long says large pools of idle corporate cash will drive increased adoption of crypto-based financial tools, particularly stablecoins. In an insights post on the year ahead, Long says companies are holding unprecedented levels of trapped working capital.
$700,000,000,000 Sitting Idle on S&P 1500 Balance Sheets Will Drive Next Wave of Crypto Adoption, Says Ripple's Monica Long
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Ripple President Monica Long says $700 billion sitting idle on S&P 1500 balance sheets will drive the next wave of crypto adoption, particularly stablecoins, and that companies are holding unprecedented levels of trapped working capital, in an insights post on the year ahead.
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