Ripple CEO Brad Garlinghouse subtly references XRP in reaction to Binance’s official listing of the company’s stablecoin RLUSD.
Garlinghouse’s remarks follow reports that RLUSD will commence trading on Binance on January 22, 2025. Binance will initially roll out support for RLUSD on the Ethereum blockchain, with support for XRPL expected soon after.
Supported pairs include XRP/RLUSD and RLUSD/USDT. While users can now deposit RLUSD from Ethereum wallets, trading begins on January 22, with withdrawals opening on January 23.
Key Points
* RLUSD will commence trading on Binance on January 22, with withdrawals slated to begin the following day.
* Initial support for RLUSD will be on the Ethereum blockchain, with XRPL integration expected later.
* Garlinghouse’s reaction to Binance’s official listing of RLUSD included a stylistic reference to XRP.
* Ripple’s actions continue to reinforce XRP’s foundational role in the company’s long-term vision.
Why Binance Listing RLUSD Matters
Notably, the listing marks a major milestone for Ripple’s ecosystem. It expands RLUSD’s liquidity and visibility by tapping Binance’s vast global user base and deep order books.
Additionally, the XRP/RLUSD pair directly links the stablecoin to XRP markets, which could lift XRP trading activity. Moreover, as a regulated, compliance-focused stablecoin, RLUSD’s debut on Binance signals growing institutional acceptance and positions it as a credible, enterprise-grade digital dollar.
Ripple CEO Stylishly References XRP
Meanwhile, Ripple CEO Brad Garlinghouse joined the XRP community in celebrating the listing. Posting on X, he said he was “eXtRemely Positive” to see RLUSD listed on the world’s largest crypto exchange.
Interestingly, the deliberate capitalization of X, R, and P within the word “eXtRemely Positive” drew attention, given the subtle nod to XRP. Notably, a prominent community figure interpreted the message as a testament that XRP remains central to Ripple’s strategy.
Indeed, Garlinghouse has consistently emphasized XRP’s foundational role within Ripple, even as the company expands RLUSD’s use cases. He has reiterated this stance amid earlier concerns that Ripple was prioritizing RLUSD over XRP.
Notably, these concerns intensified after Ripple outlined RLUSD’s role in its Hidden Road acquisition without explicitly referencing XRP.
XRP Remains Central to Ripple’s Vision
However, Garlinghouse, who bears an XRP logo tattoo on his arm, has consistently pushed back, stressing that XRP sits at the center of everything Ripple does.
Moreover, Ripple has reinforced this stance through concrete actions. The company joined a venture alongside major players such as Kraken and SBI to help establish the world’s largest XRP reserve.
Additionally, last year, Ripple partnered with Mastercard to explore using RLUSD on the XRP Ledger, aligning with broader efforts to settle stablecoin transactions via fiat card networks.
Notably, Ripple is the largest holder of XRP, with roughly 34 billion tokens held in escrow. As a result, any rise in XRP’s price directly strengthens Ripple’s financial position, and vice versa.
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