Garlinghouse Says Stablecoins May Be Better Than XRP in Some Payment Scenarios

Ripple CEO Brad Garlinghouse has acknowledged that XRP may not be the best asset for every payment use case. In an interview earlier this year, he said that stablecoins can solve some customer problems more effectively than XRP.

This does not mean Ripple is abandoning XRP or replacing it with a stablecoin. According to Garlinghouse, XRP is still the best bridge asset for some transactions, while stablecoins are better suited for others.

Ripple's payment infrastructure now supports multiple settlement assets, including fiat and three dollar-backed stablecoins: RLUSD, USDC, and USDT. This flexibility allows customers to choose the most suitable asset for their specific needs.