XRP Not in Competition with Circle, John Deaton Clarifies

John Deaton has clarified that XRP XRP - $3.428 is not competing with Circle or USDC. His remarks correct widespread confusion about Ripple's role, its RLUSD RLUSD - $0.999759532897632 stablecoin, and the token's function in the market.

Source: coingape.com

Related symbols: XRPUSD

2025-07-18 17:15:04 GMT.

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Price & Market Data

Price: $3.428

Volume 24h: $8,014,982,840.11

Market Cap: $202,879,005,396.07

Description

XRP (XRP) is a cryptocurrency . XRP has a current supply of 99,985,925,712 with 59,182,189,917 in circulation. The last known price of XRP is 3.42509281 USD and is down -0.88 over the last 24 hours. It is currently trading on 1654 active market(s) with $8,232,091,009.49 traded over the last 24 hours. More information can be found at https://xrpl.org/.

Price & Market Data

Price: $0.999759532897632

Volume 24h: $99,722,978.14

Market Cap: $527,616,618.88

Description

Ripple USD (RLUSD) is a cryptocurrency and operates on the XRP Ledger platform. Ripple USD has a current supply of 0. The last known price of Ripple USD is 1.00176615 USD and is up 0.02 over the last 24 hours. It is currently trading on 1 active market(s) with $510,408.99 traded over the last 24 hours. More information can be found at https://ripple.com/solutions/stablecoin/.