Ripple CEO Brad Garlinghouse stated at the Swell 2026 conference that he "will never give up on XRP," adding that the company's annualized product revenue run rate has reached $900 million.
Ripple CEO Brad Garlinghouse firmly refuted market rumors at the Swell 2026 opening ceremony that the company would abandon XRP in favor of the stablecoin RLUSD, emphasizing that XRP and RLUSD are complementary. He noted that Ripple's annualized product revenue run rate has reached $900 million and it has processed $16 trillion in transactions. The company recently received approval from the Office of the Comptroller of the Currency (OCC) to establish the federal bank Ripple National Trust Bank (RNTB), which will facilitate the legitimization of RLUSD in the on-chain repurchase market. RLUSD has already been listed on platforms such as Coinbase, Robinhood, Binance, Kraken, and OKX.
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