Deaton Clarifies XRP’s Competitive Position Amid Ripple’s Stablecoin Launch

• Lyla Velez
• July 18, 2025
• News
• 0 Comments

John Deaton recently clarified that XRP is not competing with Circle’s USDC, addressing misconceptions about Ripple’s competitive stance as it launches the RLUSD stablecoin.

Misinterpretations about Ripple’s competitive strategy influenced trading decisions, with Ripple’s RLUSD stablecoin challenging USDC, not XRP.

Ripple, led by CEO Brad Garlinghouse, is introducing a new stablecoin, RLUSD, aimed at entering the stablecoin market. John Deaton clarified on social media that XRP does not compete with Circle’s USDC, focusing attention on Ripple’s strategic moves.

“XRP does not compete with Circle. Ripple does. Even then, Ripple is not using XRP to go after Circle – it is doing that with its new stablecoin, RLUSD. The roles are not interchangeable, and mixing them up leads to misinformation, and, apparently, poor trading decisions.” – John Deaton, Attorney and Key Ripple Advocate

Ripple targets the stablecoin sector with RLUSD amidst industry rumors. Deaton emphasizes that XRP remains a digital asset outside this competition. Discussions on X (formerly Twitter) featuring Deaton have focused on clarifying Ripple’s distinct approaches.

XRP’s price surged by over 38% amid rumors of competitive tension, fueled partly by Deaton’s clarifications. Ripple’s strategic launch of a stablecoin signals increased competition with Circle, impacting stablecoin markets. This narrative has not led to regulatory follow-up.

Predictions point towards increased interest in XRP derivatives and Ripple’s potential market repositioning. Historical rumors of collaboration, rather than rivalry, between Ripple and Circle highlight shifting dynamics and the importance of accurate industry communication.