Garlinghouse Separates Ripple’s RLUSD Expansion From XRP’s Role
Ripple’s CEO says the company’s RLUSD growth and broader XRPL strategy are not mutually exclusive with XRP.
Ripple’s CEO says the company’s RLUSD growth and broader XRPL strategy are not mutually exclusive with XRP. XRP (XRP) is trading at ₹109 ($1.16). This is an original Token Times brief based on reporting by ZyCrypto, with live market data added, as of Sun, 08 Nov 2026 01:00:01 UTC.
The clarification matters because it frames RLUSD adoption as part of a wider XRPL ecosystem rather than evidence that Ripple is replacing XRP with a stablecoin.
- RLUSD’s verified circulating supply is $2.69 billion
- XRP trades at $1.16, down 1.41% over 24 hours
- XRP has fallen 7.39% over seven days
- Crypto sentiment remains at Extreme Fear
- Ripple's RLUSD Stablecoin Receives A2 Rating from Moody's
- Coinbase Lists Ripple's RLUSD Stablecoin, Expanding Dollar-Backed Offerings
- Moody's Assigns Investment-Grade Ratings to Ripple's RLUSD Stablecoin
- Ripple's RLUSD Leads Stablecoin Market Growth Amid Binance Withdrawal Resumption
- XRP Investor Criticizes Ripple's Focus on RLUSD, Calls for $20 XRP
- Most RLUSD Supply Sits on Ethereum Despite Ripple’s XRP Ledger Push
- Garlinghouse Separates Ripple’s RLUSD Expansion From XRP’s Role — this brief
Ripple CEO Brad Garlinghouse is rejecting the idea that Ripple’s expanding RLUSD stablecoin ambitions come at 
XRP’s expense, according to ZyCrypto. His position places RLUSD within the company’s wider vision for the XRP Ledger, rather than presenting the stablecoin as a substitute for XRP. The report also references attention to a possible trading setup following a 71% price explosion, although the supplied coverage provides few details about the setup or its timeframe.
The available on-chain data shows that RLUSD has a verified circulating supply of $2.69 billion, based on DeFiLlama. RLUSD trades at $1, down 0.02% over both 24 hours and seven days, while its market capitalization is also $2.69 billion. That stablecoin behavior contrasts with the wider volatility recorded by XRP during the same live-data snapshot.
XRP was priced at $1.16, with a market capitalization of $73.63 billion. Its price was down 1.41% over 24 hours and 7.39% over seven days, despite the earlier price surge referenced in the headline. The divergence means the reported setup does not correspond to an immediate broad-based rise in XRP at the time of the data snapshot.
Market conditions were subdued overall: the total crypto market capitalization stood at $2.6 trillion and was described as flat. 
Bitcoin fell 0.23% over 24 hours, while the Fear & Greed Index registered 25, placing sentiment in Extreme Fear. For context, RLUSD’s $2.69 billion supply is substantially smaller than XRP’s $73.63 billion market capitalization. The development may matter for how market participants interpret Ripple’s product strategy, with RLUSD circulation and XRP’s response to broader risk sentiment serving as the clearest live measures to monitor.
Since this brief published about 6 hours ago, XRP (XRP) has moved from ₹109.20$1.16 to ₹109.20$1.16 — +0.00%.
The chart plots XRP's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from Token Times's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.
At today's peer-to-peer rate, 1 XRP ≈ ₹119.48 (about $1.16), down 1.5% over 24 hours. The rupee itself trades about 9.4% above the official rate on the P2P market, so a Indian buyer's effective cost differs from the headline dollar price.
Live market data
Current prices for the assets in this story — live, source-stamped, updated every 15 minutes.
Figures and sectors in this story, checked live against on-chain aggregators · November 7, 2026.
Token Times reads these figures directly from on-chain aggregators (DeFiLlama, mempool.space) at build time — independent of what any outlet reported. Sector totals aggregate every protocol DeFiLlama tracks in that category. Values are live and will change.
Garlinghouse Separates Ripple’s RLUSD Expansion From XRP’s R — questions & answers
Is Ripple replacing XRP with RLUSD?
No. According to ZyCrypto, Brad Garlinghouse says Ripple’s RLUSD ambitions and broader XRPL vision are not at XRP’s expense.
How large is RLUSD’s verified circulating supply?
DeFiLlama data places RLUSD’s circulating supply at $2.69 billion, matching its reported market capitalization.
How is XRP performing in the live snapshot?
XRP trades at $1.16, down 1.41% over 24 hours and 7.39% over seven days, with a $73.63 billion market capitalization.
How much is 1 XRP worth in rupee today?
About ₹119.48 at the live peer-to-peer (P2P) USDT rate, which is what Indians typically trade at — equivalent to roughly $1.16. The rupee price moves with both XRP's US-dollar price and the USDT/INR rate; use our XRP in rupee page for any amount.
Which outlets reported this story?
This is an original Token Times brief that synthesises reporting from ZyCrypto. It is not a copy of any one article — follow the source links above for the original reporting.
Original summary — not financial advice. This is an original Token Times brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.