Ripple CEO: Major Banks Testing Stablecoins, Interest in XRP and RLUSD
Ripple CEO Brad Garlinghouse said on Friday that major banks are actively testing stablecoins, highlighting growing institutional attention toward assets tied to Ripple’s ecosystem, including XRP and RLUSD. His remarks underscore a shift from retail-driven momentum to bank-led pilots, which could validate stablecoins as a tool for settlement and liquidity management in traditional finance. If banks move from pilots to production, it could speed up adoption of dollar-denominated rails and boost demand for interoperable tokens like XRP and RLUSD, while inviting closer regulatory scrutiny. Market participants should watch for partnership announcements, pilot outcomes, and regulatory responses that will determine whether these tests translate into broader use and infrastructure changes across payments and cross-border settlement.