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Reading: Ripple CEO says RLUSD stablecoin boosts XRP ecosystem despite 70% price drop
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COINTURK NEWS > Ripple (XRP) > Ripple CEO says RLUSD stablecoin boosts XRP ecosystem despite 70% price drop
Ripple (XRP)

Ripple CEO says RLUSD stablecoin boosts XRP ecosystem despite 70% price drop

In Brief

  • 🚨 Ripple CEO says RLUSD stablecoin is driving growth in the $XRP ecosystem.

  • 📉 XRP has dropped about 70% over the last 16 months, worrying investors.

  • 💼 Over $897 million in RLUSD operates on the XRP Ledger, boosting network activity.
Onur Atam
Onur Atam 5 seconds ago
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Ripple CEO Brad Garlinghouse has highlighted the role of the company’s expanding stablecoin operations in supporting XRP and strengthening the broader digital asset ecosystem, even as XRP faces ongoing price challenges.

Contents
Garlinghouse details RLUSD’s impact on the XRP LedgerCommunity debate and RLUSD’s distribution

Garlinghouse details RLUSD’s impact on the XRP Ledger

In a recent Bloomberg interview, Garlinghouse stated that XRP remains central to Ripple’s mission, emphasizing that those who overlook this fact may miss the broader vision of the company’s blockchain strategy. The CEO explained that Ripple created RLUSD specifically to complement XRP rather than compete with it, and has structured the coin to bolster activity on the XRP Ledger.

Approximately half of RLUSD’s supply currently resides on the XRP Ledger, which has resulted in increased liquidity, higher transaction volumes, and more network activity. This integration, Garlinghouse noted, creates additional opportunities for participants across the entire XRP ecosystem and encourages wider blockchain adoption by institutions.

Garlinghouse explained that institutional clients—including corporate treasurers, CFOs, and CEOs—often begin exploring blockchain technology through stablecoins like RLUSD. These relationships open the door for Ripple to introduce a broader suite of digital asset services, including XRP and traditional fiat-based payment solutions, depending on the needs of each client.

The CEO also commented that by growing Ripple’s customer base and service offerings, the company generates new avenues to expand the use of XRP in its operations. He reiterated Ripple’s commitment to nurturing the XRP ecosystem, stating that the company remains deeply invested in its long-term development.

Brad Garlinghouse asserted that anyone not recognizing XRP as the foundation of Ripple’s business is missing the larger picture and emphasized that RLUSD was designed to enhance, not compete with, XRP by stimulating growth on the XRP Ledger.

Community debate and RLUSD’s distribution

Within the crypto community, the discussion gained momentum following commentary from X Finance Bull, who referenced Garlinghouse’s remarks and questioned the tendency of some investors to panic during market downturns. The commentator urged holders to evaluate Ripple’s structural growth and the increasing prominence of RLUSD, rather than focus solely on price fluctuations.

Despite these reassurances, some XRP investors remain concerned about the asset’s persistent price struggles. Social media user JTC expressed frustration over XRP’s decline of roughly 70% in the last 16 months, noting that even as Ripple continues to secure international licenses and partnerships, many investors are now prioritizing the recovery of their original capital.

Summit Horizon, another market observer, provided further context by analyzing RLUSD’s distribution. Summit Horizon reported a total RLUSD supply of approximately $2.63 billion, with about $897 million deployed on the XRP Ledger and the remainder on Ethereum. According to Summit Horizon, the share held on the XRP Ledger offers a practical metric for assessing how much RLUSD helps drive value and activity to the network.

Summit Horizon underscored that nearly $897 million of RLUSD’s total supply operates on the XRP Ledger, reflecting the network’s growing importance within Ripple’s stablecoin ecosystem and providing a measure for RLUSD’s on-chain activity.

As institutional adoption and stablecoin usage expand, tools for monitoring both XRP prices and RLUSD flows across networks become increasingly important. For users tracking these developments, CryptoAppsy offers real-time charts and comprehensive coin-specific news updates, making it easier to monitor key metrics such as RLUSD supply distribution and XRP wallet activity in a single, streamlined interface.

Garlinghouse’s latest statements underline Ripple’s strategy of integrating stablecoin and XRP services to promote sustained growth. Nonetheless, the company acknowledges that broader network activity does not always guarantee immediate price recovery for XRP and remains committed to building out its core digital asset ecosystem.

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Onur Atam 8 November, 2026 - 1:19 pm 8 November, 2026 - 1:19 pm
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Onur Atam
By Onur Atam
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The author, who is an attorney, specializes primarily in Information Technology Law and Commercial Law. His areas of interest include internet technologies, the cryptocurrency ecosystem, blockchain applications, and next-generation financial technologies.He closely follows developments in digital assets, cryptocurrency regulations, fintech applications, e-commerce, data security, and areas where technology intersects with the law. His goal is to provide a clear and accessible analysis of current developments in the fields of cryptocurrency and financial technologies from a legal perspective.
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