Ripple’s new stablecoin rollout has put a bright spotlight on a simple fact: most RLUSD is living on Ethereum right now. That imbalance has stirred worry among Ripple’s new stablecoin rollout has put a bright spotlight on a simple fact: most RLUSD is living on Ethereum right now. That imbalance has stirred worry among

Ripple Affirms XRPL Focus, Says ‘We Love XRP’ Over Ethereum

2026/01/31 02:30
3 min read

Ripple’s new stablecoin rollout has put a bright spotlight on a simple fact: most RLUSD is living on Ethereum right now. That imbalance has stirred worry among long-time XRP supporters.

Some feel the company’s heart might be shifting away from the ledger that gave it a base. Others say the move is practical and short-term.

Exchange Rollouts And Technical Gaps

According to Luke Judges, Ripple’s Global Partner Success Lead, the choice of which chain goes live first often comes down to plumbing — the systems exchanges already run.

He told followers that Ripple talks about XRPL every time it speaks with an exchange, and that many trading platforms have promised to add XRPL support.

Still, existing tools on Ethereum can make listings happen faster. That speed matters when liquidity and market access are the goals.

What The On-Chain Numbers Show

Reports note RLUSD’s circulating supply sits at roughly $1.45 billion across both chains. About $1.11 billion of that amount is on Ethereum, leaving around $337 million on XRPL.

That split — roughly 77% on Ethereum — is a big part of why people worry. Numbers are blunt. They shape how investors react, and they shape headlines. When a major exchange launches support only on one chain, the signaled path is hard to ignore.

Community Reaction And Company Tone

Binance’s decision to enable RLUSD trading first on Ethereum raised the heat. Many XRP fans saw that as proof of a preference. Judges answered that some launches are a function of readiness, not preference.

He used plain language and made a short, clear point: Ripple “loves” XRP and the ledger it runs on. That line was meant to calm nerves. It did, for some. Others remain skeptical because commitments on paper do not always match activity on the ground.

What Comes Next For XRPL

What will settle this argument is data. If trading activity, transfers, and custody flows begin to move onto XRPL in meaningful ways, perception will shift.

If XRPL volumes stay small, the worry will grow. Exchanges can keep their promises. They can also delay. Some technical work will be needed on both sides to make the experience as smooth for XRPL users as it is for those on Ethereum.

Ripple’s message, at least for now, is meant to be simple and firm. Judges pushed back on the idea that his comments were an apology, saying there was nothing to walk back.

He framed the statement as a response to noise, not a change in direction. “We love XRP and XRPL” was not offered as a slogan, but as a reminder of where Ripple says its roots still sit.

Whether that sentiment carries weight will depend less on words and more on how quickly XRPL sees real growth tied to RLUSD in the months ahead.

Featured image from Unsplash, chart from TradingView

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

CEO Sandeep Nailwal Shared Highlights About RWA on Polygon

CEO Sandeep Nailwal Shared Highlights About RWA on Polygon

The post CEO Sandeep Nailwal Shared Highlights About RWA on Polygon appeared on BitcoinEthereumNews.com. Polygon CEO Sandeep Nailwal highlighted Polygon’s lead in global bonds, Spiko US T-Bill, and Spiko Euro T-Bill. Polygon published an X post to share that its roadmap to GigaGas was still scaling. Sentiments around POL price were last seen to be bearish. Polygon CEO Sandeep Nailwal shared key pointers from the Dune and RWA.xyz report. These pertain to highlights about RWA on Polygon. Simultaneously, Polygon underlined its roadmap towards GigaGas. Sentiments around POL price were last seen fumbling under bearish emotions. Polygon CEO Sandeep Nailwal on Polygon RWA CEO Sandeep Nailwal highlighted three key points from the Dune and RWA.xyz report. The Chief Executive of Polygon maintained that Polygon PoS was hosting RWA TVL worth $1.13 billion across 269 assets plus 2,900 holders. Nailwal confirmed from the report that RWA was happening on Polygon. The Dune and https://t.co/W6WSFlHoQF report on RWA is out and it shows that RWA is happening on Polygon. Here are a few highlights: – Leading in Global Bonds: Polygon holds 62% share of tokenized global bonds (driven by Spiko’s euro MMF and Cashlink euro issues) – Spiko U.S.… — Sandeep | CEO, Polygon Foundation (※,※) (@sandeepnailwal) September 17, 2025 The X post published by Polygon CEO Sandeep Nailwal underlined that the ecosystem was leading in global bonds by holding a 62% share of tokenized global bonds. He further highlighted that Polygon was leading with Spiko US T-Bill at approximately 29% share of TVL along with Ethereum, adding that the ecosystem had more than 50% share in the number of holders. Finally, Sandeep highlighted from the report that there was a strong adoption for Spiko Euro T-Bill with 38% share of TVL. He added that 68% of returns were on Polygon across all the chains. Polygon Roadmap to GigaGas In a different update from Polygon, the community…
Share
BitcoinEthereumNews2025/09/18 01:10
TRM Labs Becomes Unicorn with 70M$: BTC Fraud Risk

TRM Labs Becomes Unicorn with 70M$: BTC Fraud Risk

The post TRM Labs Becomes Unicorn with 70M$: BTC Fraud Risk appeared on BitcoinEthereumNews.com. TRM Labs Reaches 1 Billion Dollar Valuation Blockchain intelligence
Share
BitcoinEthereumNews2026/02/05 03:33
XRP Plunges: Historic MACD Signal Sparks Alarm

XRP Plunges: Historic MACD Signal Sparks Alarm

This week, XRP depreciated by 17.94 per cent with a historic MACD indicator sitting on the market; the traders are keeping a keen eye on the support mark of 1.30
Share
LiveBitcoinNews2026/02/05 03:30