Is XRP Losing Ground to RLUSD at Ripple? CEO Brad Garlinghouse Responds

At Ripple Swell in New York, Ripple CEO Brad Garlinghouse reaffirmed XRP as its top priority amid attention on its RLUSD stablecoin. He said Ripple would pursue only activities beneficial to XRP and, in an interview with researcher BankXRP, described Ripple as a blockchain infrastructure company that uses XRP where suitable and fiat or RLUSD where not. On October 27, Ripple announced a Robinhood partnership covering stablecoins, treasury operations, institutional settlement and financing, and BNY Mellon expanded custody support for XRP and RLUSD. Ripple’s National Trust Bank received final approval from the Office of the Comptroller of the Currency after conditional approval in 2025, while XRP traded near $1.30, down 2% in 24 hours and 50% from a year earlier.