Ripple announced the appointment of a new president, Monica Long.

A cryptocurrency company called Ripple has a new President. The new President of the company is Monica Long, who used to be the SVP/GM. Since 2013, Long has been a part of Ripple. The statement also talked about Long’s role in the growth of the Ripple ecosystem. For example, she helped bring On-Demand Liquidity (ODL) to the market, which is now used in 40 countries on several continents.

In a press release today, the company Ripple said that former executive Monica Long had been promoted to the position of President. The company is having its “strongest year yet,” and the news release says that Long is a big part of that.

Stood Firm During Tough Phases

The press release says that Long is one of the reasons why the company has done well through several crypto winters and market problems. She also noted that there were only ten people working there when she first started.

In the press release, Brad Garlinghouse, the CEO of Ripple, said that Long was one of the most well-known people in the field. As an additional comment, the CEO said that Monica had helped lead Ripple to a perfect point of growth and financial health, even though the crypto market is challenging right now.

The CEO said:

“When cryptocurrency was barely a blip on the radar, she was in the trenches trying to make Ripple a leader in the crypto industry who could be trusted.”

As she started her job as President, Long said she was excited and planned to lead the company “deeper into crypto-enabled services like liquidity, settlement, and custody.”

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