The founder of Binance, Changpeng Zhao (CZ), has once again confirmed that the world’s largest cryptocurrency exchange will continue to support XRP trading despite the ongoing legal challenges between Ripple Labs and the U.S. Securities and Exchange Commission (SEC). This reaffirmation underscores Binance’s strategic positioning in the global crypto market and its commitment to asset diversity, user access, and regulatory resilience.
Binance Stands Firm on XRP Listings
In a recent post on the social platform X, CZ emphasized that Binance has never delisted XRP — a significant statement amid heightened regulatory scrutiny across the industry.
“We never delisted XRP,” CZ stated, responding to Ripple CEO Brad Garlinghouse’s announcement that the company would drop its cross-appeal against the SEC. This move signals Ripple’s intent to close a years-long legal chapter.
The SEC originally filed a lawsuit against Ripple in December 2020, alleging that the sale of XRP constituted an unregistered securities offering. As a result, several major U.S.-based exchanges — including Coinbase, Kraken, Bittrex, Bitstamp, and eToro — temporarily suspended or removed XRP trading pairs to mitigate legal risks.
However, Binance’s international structure places it outside direct SEC jurisdiction, allowing it to maintain XRP listings for its global user base. This distinction has enabled traders worldwide to continue buying, selling, and holding XRP even during the peak of regulatory uncertainty.
Why XRP Remains a Strategic Asset for Binance
Binance’s decision to keep XRP is not solely based on jurisdictional advantages. The token plays a crucial role in the exchange’s trading ecosystem.
XRP consistently ranks among the top-traded cryptocurrencies on Binance by volume. According to internal data shared by a Binance market analyst, removing XRP would have significantly impacted both user activity and fee revenue. The liquidity and trading depth provided by XRP contribute directly to Binance’s status as a leading global exchange.
Moreover, maintaining XRP support has strengthened Binance’s reputation as a resilient platform that prioritizes user choice. Industry observers note that Binance has effectively positioned itself as the world’s largest spot marketplace for XRP, attracting traders from regions where access to the asset may be restricted elsewhere.
A Landmark Ruling Boosts Confidence
A pivotal moment came in July 2023 when U.S. District Judge Analisa Torres ruled that programmatic sales of XRP on public exchanges do not constitute securities transactions under U.S. law. While the court found that institutional sales could qualify as securities offerings, retail trading was deemed non-violative.
This partial victory for Ripple was widely celebrated across the crypto community. Since then, some previously cautious exchanges have cautiously resumed XRP trading — a trend that reflects growing confidence in clearer regulatory boundaries.
👉 See how market dynamics shift after major legal rulings in the crypto space.
Ripple’s Ecosystem Gains Momentum Beyond Legal Battles
Despite years of litigation, Ripple has continued advancing its technology and expanding institutional partnerships. The XRP Ledger (XRPL), the open-source blockchain underlying XRP, has evolved into a scalable, energy-efficient network with growing appeal for enterprise use cases.
Notably, prominent financial institutions and digital asset firms are exploring XRPL for real-world asset (RWA) tokenization. Companies like Ondo Finance and Guggenheim Partners have expressed interest in leveraging XRPL’s infrastructure to issue tokenized bonds, funds, and other tradable assets.
This momentum aligns with broader trends in blockchain adoption — particularly around interoperability, compliance-ready frameworks, and sustainable consensus mechanisms. XRPL’s decentralized validator network and fast settlement times (3-5 seconds) make it an attractive option for institutions seeking efficiency and reliability.
Introducing RLUSD: Ripple’s Entry Into the Stablecoin Arena
In another strategic development, Ripple has launched RLUSD, a dollar-pegged stablecoin issued at a 1:1 ratio with USD. As of the latest reports, over 12 million RLUSD tokens have been minted.
Unlike speculative cryptocurrencies, RLUSD is designed for practical utility — facilitating seamless cross-border payments, liquidity provisioning, and integration within Ripple’s payment solutions such as RippleNet and On-Demand Liquidity (ODL).
This move signals Ripple’s ambition to build a comprehensive financial infrastructure that bridges traditional finance (TradFi) and decentralized systems. By combining stablecoins with its existing remittance tools, Ripple aims to reduce reliance on correspondent banking and lower transaction costs globally.
👉 Explore how next-gen stablecoins are reshaping international payments.
Core Keywords
- XRP
- Binance
- SEC lawsuit
- Ripple
- XRP Ledger
- RLUSD
- cryptocurrency regulation
- stablecoin
Frequently Asked Questions (FAQ)
Q: Did Binance ever delist XRP?
A: No. Despite regulatory pressure following the SEC lawsuit in 2020, Binance maintained XRP trading pairs for its global users. CZ has publicly confirmed that the exchange never removed XRP.
Q: Is XRP considered a security by U.S. regulators?
A: The legal status remains nuanced. In 2023, a U.S. judge ruled that retail sales of XRP via exchanges are not securities, but institutional sales may be subject to securities laws. The case is still evolving, but this distinction has allowed some platforms to relist XRP.
Q: Can I trade XRP on U.S.-based exchanges?
A: Some U.S. exchanges have resumed limited XRP trading following the 2023 court decision. However, availability varies by platform and jurisdiction due to ongoing compliance considerations.
Q: What is RLUSD and how does it work?
A: RLUSD is Ripple’s newly launched U.S. dollar-pegged stablecoin. It operates on blockchain networks and is backed 1:1 by reserves, aiming to enhance liquidity and efficiency in cross-border transactions.
Q: Why does Binance continue supporting XRP?
A: Beyond jurisdictional flexibility, XRP drives substantial trading volume and user engagement on Binance. Delisting it would risk alienating a large segment of the user base and reducing platform liquidity.
Q: How is XRPL being used by financial institutions?
A: Institutions are exploring XRPL for tokenizing real-world assets like bonds and funds. Its speed, low cost, and compliance features make it suitable for enterprise-grade applications in finance.
By standing by XRP through legal turbulence and embracing innovation through projects like RLUSD and XRPL expansion, both Binance and Ripple are shaping the future of global digital finance — one transaction at a time.