Ripple CEO Denies Plans to Drop XRP Support in Favor of RLUSD Stablecoin

HIGHLIGHTS Ripple CEO Brad Garlinghouse rejected rumors that the company plans to abandon XRP in favor of RLUSD. Garlinghouse said XRP and RLUSD serve complementary roles, with both supporting Ripple's expanding blockchain payment ecosystem. Ripple's RLUSD expansion and OCC trust bank approval support its growing institutional services while maintaining XRP's role. Ripple CEO Brad Garlinghouse has rejected claims that the company plans to abandon XRP as its RLUSD stablecoin expands. Despite the reassurance on XRP support, the token has had a bearish run recently, falling over 5% in the last week and 12% this month to trade at $1.30.