News · Yahoo Finance

XRP 'At The Heart' Of Everything Ripple Does: Garlinghouse

Ripple's Brad Garlinghouse said XRP is at the heart of everything Ripple does, even as institutional demand has so far centered on its stablecoin RLUSD. He noted that about half of RLUSD is issued on the XRP Ledger, which adds liquidity and activity to the XRP ecosystem. He described RLUSD as an entry point for treasurers and executives exploring these technologies, while XRP remains a bridge asset between different currency pairs. He argued that since the US dollar makes up 90 plus percent of all stablecoins, a dollar-only stablecoin does not solve bridging across different corridors.

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MarketCrypto
ExchangeBinance
SectorLayer 1
Market cap$82.0B
Close on 10/27/20261.33130
Change that session+1.69%
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