It looks like it wants to be a table runner. Or placemats. Or a little rug. Or a purse. I don't know. What is ribbon yarn used for? What's it made of? How the heck do they get it into ribbons? Pretty stuff.
Oh, a table runner! Great idea! So is the purse idea!This ribbon is rayon. It's woven instead of spun. I've knitted it into a long infinity scarf [garter stitch, big needles] and it looked great.
I'm with Janiel on the table runner idea.