Ripple Reaffirms Commitment to XRPL, Emphasizes Love for XRP Over Ethereum

Ripple's recent launch of its stablecoin has highlighted a significant observation: most of the RLUSD supply currently exists on Ethereum. This situation has raised concerns among long-time supporters of XRP, with some fearing that Ripple may be shifting its focus away from the ledger that has historically supported it. However, others argue that this approach is merely practical and short-term.

Key Takeaways

Ripple's stablecoin rollout has most of its RLUSD living on Ethereum, raising concerns among XRP supporters.
Decision-making on which blockchain to prioritize often depends on existing exchange infrastructure.
Current statistics show about 77% of RLUSD's supply is on Ethereum, leading to worries about XRP's prominence.
Ripple emphasizes its commitment to XRPL, aiming to reassure the community despite existing challenges.
Future developments will be key in determining XRP's standing within the market.

Featured image from Unsplash, chart from TradingView

XRP

Understanding Exchange Rollouts and Technical Challenges

Luke Judges, Ripple’s Global Partner Success Lead, stated that the decision regarding which blockchain to prioritize for launches often hinges on existing infrastructure — specifically, the systems already utilized by exchanges. He assured followers that Ripple discusses the XRPL during every interaction with exchanges and that many trading platforms have plans to integrate XRPL support in the future.

However, the existing tools on Ethereum allow for quicker listings, which is essential when the goals are liquidity and market access.

XRPUSD chart XRPUSD is currently trading at $1.76. Chart: TradingView

Analyzing On-Chain Data

Recent reports reveal that the circulating supply of RLUSD stands at approximately $1.45 billion across both blockchains. Out of this, about $1.11 billion is based on Ethereum, leaving only around $337 million on XRPL. This distribution — with around 77% on Ethereum — is a major point of concern for XRP supporters. These figures are stark and play a crucial role in influencing investor sentiments and media narratives. When a major exchange opts to support RLUSD trading on only one blockchain, the implications are significant.

The decision by Binance to enable RLUSD trading first on Ethereum intensified these concerns. Many in the XRP community interpreted this move as a sign of preference for Ethereum. Judges clarified that the timing of launches often relates to readiness rather than a preference for one chain over another.

"To ensure complete clarity: the RLUSD team consistently prioritizes the XRPL in every centralized exchange engagement. While some exchanges may complete their Ethereum technical integration first, it is primarily due to their established infrastructure for that network."
— LJ (@luke_judges) January 29, 2026

Judges aimed to reassure the community by stating that Ripple "loves" XRP and the ledger it operates on. While some felt comforted by this affirmation, others remained cautious, as promises on paper don't always align with real-world actions.

The final resolution of these concerns will depend on empirical evidence. If trading activity, transfers, and custody flows begin to migrate significantly to XRPL, public perception will likely improve. Conversely, if XRPL’s trading volumes remain low, worries will persist. Exchanges can indeed fulfill their commitments, but they might also experience delays. Both parties will need to optimize their technical setups to ensure that using XRPL is as seamless as it is for Ethereum users.

For now, Ripple's message is straightforward and resolute. Judges refuted claims that his remarks were an apology, maintaining that there was nothing to retract. He described his statement as a response to external concerns rather than a shift in strategy. The phrase “We love XRP and XRPL” was not intended as a marketing tagline but as a reminder of Ripple’s foundational purpose.

Whether this message resonates will ultimately rely less on rhetoric and more on the tangible growth XRPL experiences relating to RLUSD in the coming months.