Essential Information About Ripple, XRP, and RLUSD, Affirmed by CEO Garlinghouse
The world of cryptocurrency continues to evolve, and Ripple's XRP is making significant strides. Despite the Securities and Exchange Commission (SEC) delaying decisions on all 15 XRP Exchange-Traded Fund (ETF) applications, the trend of using XRP for cross-border payments and remittances is not expected to slow down, according to xrpl_Adam.
The broader Ripple ecosystem, which includes the native network XRP Ledger, DeFi, NFTs, and various other components, is making big waves in the asset tokenization space. A recent report confirmed this, although the exact nature of these waves remains unspecified.
Ripple's CEO, Brad Garlinghouse, recently shared a post outlining five 'undisputed' facts about the company and its two native tokens. However, the post did not provide specific details about these facts. The post did highlight XRP's role as a cross-border payments token and its growing usage for remittances.
In addition to XRP, Ripple's stablecoin, RLUSD, was launched at the end of last year. Designed for institutions, RLUSD is not intended to compete with traditional stablecoins like USDT and USDC. The stablecoin has reportedly been used in some important deals within its existence period and has a market cap of over $700 million in less than a year.
The SEC's decision on the 15 pending XRP ETF applications is expected by October 19, 2025, following a 60-day extension of the review period originally set for August 20, 2025. This includes cases such as the 21Shares Core XRP Trust, and the delay affects multiple applicants like Bitwise, CoinShares, Canary Capital, Grayscale, and 21Shares.
The community is questioning what's next and when the XRP Army will have spot ETFs. However, it is not clear from the information provided what the XRP Army is or what spot ETFs are in the context of this article.
As Ripple's XRP celebrates over a decade of existence, it remains the third-largest layer-1 network in the cryptocurrency space, following Bitcoin and Ethereum. With numerous projects hosted within the Ripple ecosystem and significant strides being made in the asset tokenization space, it seems that Ripple's XRP is not going away anytime soon.
In conclusion, while the SEC's decision on XRP ETFs remains uncertain, the trend of using XRP for cross-border payments and remittances continues to grow. The launch of RLUSD and the strides being made in the asset tokenization space further solidify Ripple's position in the cryptocurrency market. As we move forward, the community eagerly awaits the next steps for Ripple's XRP and RLUSD.
