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EVENT / TOPICHistorical

Ripple CEO Denies RLUSD Takeover Rumors, Affirms XRP Commitment

1 reports1 sources10/29/2026 updated

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At the Swell 2026 conference, Ripple CEO Brad Garlinghouse dismissed circulating rumors that the company is shifting its focus from XRP to the RLUSD stablecoin. He emphasized that RLUSD and XRP are complementary assets, and that he would "never abandon" XRP. Garlinghouse also revealed that RLUSD currently generates roughly $9 billion in annualized revenue. The CEO’s remarks come amid speculation that Ripple might pivot toward RLUSD, a stablecoin backed by a basket of fiat currencies. By clarifying that both products coexist, Ripple seeks to quell investor concerns and reaffirm its long‑term commitment to XRP. While the company’s financial disclosures highlight RLUSD’s substantial revenue stream, Garlinghouse’s statement underscores that XRP remains a core component of Ripple’s ecosystem and strategic vision.

Written with AI from the reporting · updated 10/29/2026

Latest developmentOct 29, 16:32
Ripple CEO Brad Garlinghouse Denies Pivot to RLUSD, Affirms Commitment to XRP
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  1. 1Unclassified fact stationOct 28, 00:00recorded Oct 29, 17:02single source

    Ripple CEO rejects RLUSD pivot rumors at Swell 2026

    Read original source ↗ BeInCryptoReplay this moment in the explorer
    Evidence & revisions · 1 source records
    Subject：
    Brad Garlinghouse
    Action：
    addressed audience and rejected rumors that Ripple favors RLUSD over XRP
    Object：
    XRP and RLUSD stablecoin relationship
    Occurred (fact side)：
    Oct 28, 00:00
    BeInCrypto ↗Report pageOriginal / first version
    Published (valid side)：
    Oct 29, 16:32
    First seen (known side)：
    Oct 29, 17:02
    Fact stationSingle source · one-sided claim

    Copy may have been revised later; time replay is bounded. Layer labels group reading only, not causation between layers.

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Oct 29
  1. BeInCryptoRelated fact: single source
    Ripple CEO Brad Garlinghouse Denies Pivot to RLUSD, Affirms Commitment to XRP

    Report first recorded Oct 29, 17:02

    At the Swell 2026 conference in New York, Ripple CEO Brad Garlinghouse publicly rejected speculation that the company is abandoning XRP in favor of its RLUSD stablecoin. He stated, “We will never give up on XRP,” and described RLUSD as a complementary component of the broader XRP ecosystem. Garlinghouse highlighted that RLUSD’s market cap has risen 88% this year to $2.6 billion and that the stablecoin has contributed to the momentum surrounding XRP. Ripple also reported that it is on track to achieve $900 million in annualized product revenue by the end of 2026, its best‑ever year. The CEO’s remarks came as Ripple secured final OCC approval for Ripple National Trust Bank and continued to promote XRP at other events, such as Bitcoin 2026 in Las Vegas.

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