A Ripple executive recently confirmed that the company prioritizes the XRP Ledger over Ethereum for RLUSD exchange listings.
Ripple’s Global Partner Success Lead, Luke Judges, recently addressed concerns around the company’s RLUSD stablecoin rollout across the XRP Ledger (XRPL) and Ethereum, following claims that Ripple favors Ethereum over the XRPL.
According to him, the company consistently places XRPL at the center of every exchange engagement. However, he noted that technical readiness explains why Ethereum integrations go live first. Judges confirmed that exchanges are already working toward XRPL support.
Key Points
- While Ripple deployed RLUSD on the XRPL and Ethereum, some believe the firm is prioritizing Ethereum.
- RLUSD currently has a circulating market cap of $1.450 billion across both Ethereum and the XRP Ledger.
- More than $1.112 billion worth of RLUSD circulates on Ethereum, while roughly $337 million sits on XRPL.
- Binance recently launched RLUSD support on Ethereum, with XRPL integration planned for a later date.
- Ripple’s Luke Judges says every exchange onboarding RLUSD will either support XRPL at launch or has formally committed to integrating it.
- According to him, faster Ethereum rollouts come due to existing infrastructure, not a lack of focus on XRPL.
Is Ripple Focusing on Ethereum?
Notably, Ripple launched RLUSD on both the XRPL and Ethereum to reach more users and improve liquidity across major blockchains. The company designed the stablecoin as a multi-chain asset to support wider adoption among institutions and everyday traders.
However, some critics believe Ripple favors Ethereum over XRPL. They usually cite blockchain data showing where most RLUSD currently sits
Specifically, Etherscan reports a circulating market cap of $1.450 billion, with more than $1.112 billion on Ethereum. Meanwhile, RWA.xyz shows that around $337 million remains on the XRP Ledger. This represents the foundation of the existing concerns around neglect toward the XRPL.
The concerns gained momentum after Binance recently enabled RLUSD trading only on Ethereum, even though the exchange confirmed that XRPL support will arrive soon.
Ripple Confirms Prioritizing XRPL
Amid the growing concerns, Luke Judges explained on X that Ripple places XRPL at the center of every exchange conversation about RLUSD. He said some exchanges launch first on Ethereum simply because they already have systems in place, which speeds up the process, not because Ripple sidelines XRPL.
Judges also shared that several exchanges are already working to list RLUSD on XRPL. According to him, every platform in the pipeline will either support XRPL from launch or has formally committed to integrating it. “We love XRP and XRPL,” he remarked.
Ripple Debunks Claims It is Pivoting from XRP
The concerns around RLUSD on the XRPL build on existing claims that Ripple may be pivoting away from XRP and the XRPL in general, while pushing toward other business areas.
However, Ripple CEO Brad Garlinghouse and other executives have persistently debunked these claims. Last October, he reaffirmed that XRP sits at the center of Ripple’s strategy. Additionally, Monica Long, Ripple’s President, is expected to discuss why XRP remains at the core of Ripple’s operations on this year’s XRP Community Day.
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