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Altcoins & DeFi

Ripple CEO faces scrutiny over XRP’s role as $13 trillion payment volume skips crypto rails

Image: CoinTurk News

A recent video shared by the cryptocurrency commentator VALE has brought renewed attention to the relationship between institutional demand at Ripple and the price of XRP. The discussion centers on whether the growth of Ripple’s broader business is reflected in actual demand for XRP, the digital asset designed for use on the XRP Ledger. In the widely viewed video, a reporter directly questioned Ripple CEO Brad Garlinghouse about XRP’s significance to the company as Ripple expands new products such as RLUSD. The reporter observed that growing institutional demand appears to be concentrated around RLUSD instead of XRP, raising concerns over whether XRP still plays a central role in Ripple’s current strategy. Garlinghouse was asked to clarify the company’s priorities, specifically why recent expansion efforts highlight RLUSD rather than XRP.

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