24/7 Wall St.
Ripple's CEO Questions XRP's Central Role: What Does This Mean for Demand?
xCruzo Brief
Ripple CEO Brad Garlinghouse has publicly questioned XRP’s need to be central to Ripple’s payments strategy, saying he isn’t an “XRP maximalist” and that a stablecoin could sometimes solve payment needs better than XRP. Speaking in clips shared on X on September 24, 2026, he noted he also holds Solana and expressed optimism about multiple crypto assets. XRP was trading around $1.55 on September 25, up 4.5% on the day, but down 15.6% in 2026 and 43.4% over the past year. Ripple already issues Ripple USD (RLUSD) alongside USDC and USDT, designed to keep a $1 value. Ripple reported RLUSD at about $2.4 billion in circulation and around $750 million in daily transactions as of September 12.
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