Ripple CEO Reaffirms Commitment to XRP at Swell

Ripple CEO Brad Garlinghouse reaffirmed the company’s commitment to XRP at Ripple Swell 2026 in New York, saying the digital asset and Ripple’s dollar-backed stablecoin RLUSD are complementary. His remarks addressed criticism that the company’s expansion of RLUSD signaled a retreat from XRP. Speaking at the conference on October 28, Garlinghouse said Ripple would not give up on XRP or make decisions it believes would harm the XRP ecosystem. He characterized RLUSD as one of several contributors to momentum around XRP, rather than a competing priority. Ripple’s growing stablecoin business has included expanded access and new institutional arrangements. Coinbase announced that retail and institutional customers can access RLUSD through Coinbase Prime, Coinbase Exchange and its retail app. Deposits and withdrawals are supported on the XRP Ledger, Base and Ethereum. Ripple also said RLUSD was available on Robinhood Chain and Bitstamp by Robinhood, and that Robinhood plans to use the stablecoin for institutional settlement on the XRP Ledger. Those developments expand options for using RLUSD, but they do not establish whether the stablecoin’s growth will increase use or demand for...