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

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

Photo: Coinpedia

Ripple CEO Brad Garlinghouse says XRP and RLUSD are complementary, not competitors. Vet explains XRP’s role as a bridge asset, while RLUSD provides dollar-backed stability. RLUSD transactions on XRPL require XRP fees, with a small amount burned during each transaction. Ripple CEO Brad Garlinghouse has finally weighed in on the growing concern among XRP holders: Is RLUSD becoming more important to Ripple than XRP? The question has gained attention as Ripple expands its stablecoin business. Some holders worry that institutions could use RLUSD for payments and settlements without needing XRP, reducing demand for the native token.

Source: Coinpedia

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