Ripple CEO Says XRP and RLUSD Work Together to Meet Customer Needs

Ripple CEO Brad Garlinghouse said Ripple USD (RLUSD) competes with other stablecoins while complementing XRP. His comments connected the assets through customer needs and his preference for bringing more financial activity onto the XRP Ledger. Ripple CEO Brad Garlinghouse stated on X on Nov. 3 that RLUSD and XRP served complementary purposes, identifying other stablecoins as RLUSD’s competitors. He addressed the relationship in separate replies to users on X, who discussed liquidity and the assets’ different functions. His statement was in response to a post arguing that deeper liquidity on the XRP Ledger (XRPL) could make XRP easier to use over time, while describing the price impact without direct use as indirect.

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