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Ripple CEO Ties XRP Strategy to RLUSD Growth and Payments Push

Ripple CEO Brad Garlinghouse says XRP remains central to the company’s strategy as Ripple expands RLUSD and pursues payments and institutional activity.

Ripple CEO Brad Garlinghouse says XRP remains central to the company’s strategy as Ripple expands RLUSD and pursues payments and institutional activity. XRP (XRP) is trading at ₹109 ($1.16). This is an original Token Times brief based on reporting by Bitcoin.com, with live market data added, as of Sun, 08 Nov 2026 05:00:01 UTC.

Why it matters

The strategy connects Ripple’s stablecoin expansion and broader business activity to demand for XRP, making the asset’s role in payments and institutional markets central to Ripple’s long-term direction.

Key takeaways
  • Ripple CEO Brad Garlinghouse reaffirmed XRP as a strategic priority.
  • RLUSD expansion is linked to greater liquidity and utility for XRP.
  • Verified RLUSD circulating supply reached $2.69 billion.
  • XRP traded at $1.16, down 0.74% over 24 hours and 7.61% over seven days.

Ripple CEO Brad Garlinghouse has reaffirmed XRP as the central asset in Ripple’s strategy, according to Bitcoin.com. His comments connected the company’s business integration and expansion of Ripple USD (RLUSD) with improving liquidity and utility for XRP, while identifying payments and institutional activity as areas of focus.

The report describes Garlinghouse’s approach as targeting more payment activity and participation from institutions across the XRP ecosystem. It presents XRP not as a standalone initiative, but as the asset around which Ripple is building related products and business activity. The report did not provide a new numerical target or a specific implementation timetable for the strategy.

Live on-chain data from DeFiLlama puts RLUSD’s circulating supply at $2.69 billion. That figure provides context for the stablecoin’s current scale, although the available coverage does not state how much of the supply is directly connected to XRP transactions or Ripple’s institutional products. Bitcoin.com was the only outlet in the supplied coverage, so no cross-outlet corroboration or comparison was available.

The broader market was subdued. Total crypto market capitalization stood at $2.61 trillion, with the overall market described as flat; Bitcoin was down 0.39% over 24 hours, and the Fear & Greed Index was 28, indicating a Fear reading. XRP was priced at $1.16, down 0.74% over 24 hours and 7.61% over seven days, while RLUSD traded near $1, down 0.03% over 24 hours and 0.04% over seven days. The key items to monitor are the reported expansion of RLUSD, institutional adoption and payment usage, and whether those developments translate into sustained XRP activity.

Market reaction since this brief Live

Since this brief published about 5 hours ago, XRP (XRP) has moved from ₹109.17$1.16 to ₹109.17$1.16 — +0.00%.

$1.14$1.15$1.16$1.17$1.18 published · $1.16 now · $1.16 (+0.00%) Nov 8 00:10 UTC Nov 8 05:00 UTC
BeforeSince publishPublished · ₹109.17$1.16
CoinAt publishNowSince publish
XRP₹109.17$1.16₹109.17$1.160.00%
RLUSD₹94.11$1.00₹94.11$1.000.00%

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.

What this means in rupee

At today's peer-to-peer rate, 1 XRP ≈ ₹119.48 (about $1.16), up 0.4% 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.

XRP
#5
₹109.17$1.16 ▲ 0.42%
7d -7.01%MCap ₹6.93TFull XRP data →
#37
₹94.11$1.00 ▼ 0.01%
7d -0.03%MCap ₹253.92BFull RLUSD data →
The market when this published · November 8, 2026
Total market cap₹245.43T
Bitcoin 24h-0.39%
Ethereum 24h-0.48%
BTC dominance58.4%
Fear & Greed28 · Fear
On-chain & primary-source check

Figures and sectors in this story, checked live against on-chain aggregators · November 8, 2026.

RLUSD circulating supply$2.70BDeFiLlama ↗
Bitcoin DeFi TVL$4.03BDeFiLlama ↗

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.

Ripple CEO Ties XRP Strategy to RLUSD Growth and Payments Pu — questions & answers

What did Brad Garlinghouse say about XRP’s role?

Garlinghouse reaffirmed XRP as Ripple’s strategic centerpiece and linked its broader business strategy, including RLUSD expansion, to greater XRP liquidity and utility.

How large is RLUSD’s circulating supply?

DeFiLlama reports RLUSD circulating supply at $2.69 billion. Its live market capitalization was listed at $2.7 billion.

How is XRP performing in the current market?

XRP was trading at $1.16, down 0.74% over 24 hours and 7.61% over seven days, according to the supplied live market data.

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 Bitcoin.com. It is not a copy of any one article — follow the source links above for the original reporting.

In this storyRipple Company
Token Times Newsdesk Data-stamped

Token Times's newsdesk writes original briefs by synthesising coverage from across the crypto press — 50+ outlets including CoinDesk, The Block, Decrypt and Cointelegraph — cross-checking the figures they report — and verifying them against on-chain data from DeFiLlama and mempool.space — plus live market context (CoinGecko, Binance). We summarise and link to every source; we never reproduce full articles. Read our editorial standards and how we use AI. Not financial advice.

Market data verified against CoinGecko & Binance · November 8, 2026 ⛓ Timestamped at Bitcoin block #975,015 sha256:b5092138c6da41e6
Based on reporting by Bitcoin.com — this is an original Token Times summary with live market data, not the original article.Bitcoin.com · Nov 8 00:10 ↗

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.