Brad Garlinghouse Says XRP Remains at the Heart of Ripple’s Business

Ripple CEO Brad Garlinghouse said XRP remains central to the company’s business, addressing holder concerns that the RLUSD stablecoin could sideline the native token as Ripple expands its payments and settlement offerings. The comments come as RLUSD gains traction among institutional users, prompting worries that demand for XRP could weaken if counterparties settle flows in the stablecoin instead. Garlinghouse’s remarks position XRP as complementary to RLUSD rather than a replacement, though he did not detail specific usage metrics or revenue splits between the two assets. The debate matters because Ripple’s stablecoin push could reshape the demand narrative for XRP, which holders have long tied to the company’s cross-border payment growth. Next, watch RLUSD’s circulating supply and on-chain settlement volumes alongside XRP’s payment-related activity for signs of whether the two assets are being used together or competing.