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Altcoins & DeFi

Can XRP and RLUSD grow together? Here is Garlinghouse’s view!

Image: AMBCrypto

For years, investors have debated whether RLUSD could take away some of XRP’s utility. Since its launch, there has been some concern that XRP may fade as RLUSD develops more use cases in the real world. Major traditional finance players are also exploring RLUSD for cross-border payments and other financial activities, adding to this debate. Brad Garlinghouse’s latest comments help clarify Ripple’s position. In a post on X, he mentioned XRP and RLUSD as two complementary assets that have different use cases. While RLUSD can be used for stablecoin transactions, XRP is still useful for providing liquidity and enabling cross border transactions. In short, both assets ultimately aim to expand Ripple’s payment network and drive more activity on the XRP Ledger. However, the on-chain data presents a mixed picture.

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