Crypto analyst Xaif Crypto has highlighted comments from Monica Long regarding XRP, digital asset adoption, and the changing stance of major financial institutions such as Bank of America. In a tweet on X, Xaif Crypto revisited remarks made by Long in which she described what she believes is a significant turning point for banks entering the crypto sector. According to the post, Long said the “floodgates are going to open” this year as regulatory conditions in the United States become more favorable for digital asset companies and financial institutions. Xaif Crypto connected those remarks directly to XRP and the growing institutional interest in blockchain-based payment systems. The comments came during a discussion in which Long spoke about recent developments surrounding banking regulations and the changing attitude among financial institutions toward digital assets. She pointed to the removal of SAB 121 as a major event that immediately shifted sentiment among banks. Remember when Monica Long reveals Bank of America CEO says "We're all in on $XRP The flood gates are about to burst… https://t.co/h0JHnnLuXc pic.twitter.com/np4x4ckGYS — Xaif Crypto (@Xaif_Crypto) May 19, 2026 Ripple President References Bank of America’s Position In the video attached to the X post, Long recalled hearing statements from banking executives shortly after SAB 121 was rolled back. She specifically cited Bank of America, stating that the bank’s chief executive indicated the institution was “all in.” Long also reminded listeners that Bank of America was one of Ripple’s early partners during the company’s earlier payment messaging initiatives. She explained that Ripple has maintained relationships with large banks for years, even during periods when regulatory uncertainty limited deeper involvement with blockchain technology and digital assets. According to Long, financial institutions previously faced an environment in which the use of crypto-related technology was often viewed negatively or treated as risky by regulators. She suggested that this attitude discouraged banks from fully exploring blockchain payment solutions and digital asset services. Her comments focused heavily on the dramatic change she has observed in recent months. Long stated that conversations with banks changed rapidly following the U.S. presidential election in November. She explained that discussions surrounding reserve banking partnerships, stablecoin operations, and payment infrastructure became noticeably more positive almost overnight. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 Regulatory Shift Seen as Key Turning Point The discussion around SAB 121 remains important because the rule has created significant accounting complications for banks interested in digital asset custody services. SAB 121 required institutions safeguarding crypto assets to record those holdings as liabilities on their balance sheets, a requirement many industry participants considered restrictive. That policy officially ended in January 2025 when the U.S. Securities and Exchange Commission replaced it with SAB 122. The repeal removed a major obstacle for traditional financial institutions seeking involvement in digital assets, including custody and payment services tied to blockchain technology. Xaif Crypto presented Long’s comments as further evidence that major financial institutions may now be preparing for broader participation in the crypto sector. The analyst’s post centered on the possibility that XRP-related infrastructure and Ripple’s banking relationships could benefit from this changing regulatory climate. Long’s remarks also reflected Ripple’s long-standing focus on cross-border payments and partnerships with established financial institutions. Her statements suggested that banks that once moved cautiously around digital assets may now be more willing to support blockchain-based financial services and related technologies. 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 advised to conduct thorough 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 When Ripple President Drops Big Statement about XRP and Bank of America appeared first on Times Tabloid .
