The XRP ecosystem is celebrating another major milestone as the digital asset has officially been relisted on CEX.IO, a leading cryptocurrency exchange, after a nearly two-year absence. This marks a significant step forward for Ripple-affiliated XRP, reinforcing its growing legitimacy in the eyes of global platforms and investors alike.
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A Strategic Move for U.S. Users
CEX.IO announced the relisting on Wednesday, emphasizing that the reintroduction of XRP is specifically designed to meet the demands of its U.S.-based customer base. The platform now supports full trading functionality, including buying, selling, converting, depositing, and withdrawing XRP across all its services.
“Enjoy complete Buy, Sell, Convert, Deposit, and Withdrawal services for Ripple (XRP) across our product ecosystem,” CEX.IO stated on the social platform X (formerly Twitter).
This move aligns with a broader industry trend: exchanges that once distanced themselves from XRP due to regulatory uncertainty are now confidently reinstating it. The shift follows Ripple’s partial legal victory against the U.S. Securities and Exchange Commission (SEC), which has fundamentally altered the regulatory perception of the token.
Industry-Wide Reacceptance of XRP
The relisting wave began gaining momentum in mid-July when major platforms such as Coinbase, Gemini, Kraken, Binance.US, and Crypto.com all brought XRP back to their trading pairs. This coordinated return was widely seen as a direct response to the July 13, 2023, court ruling by Judge Analisa Torres, who determined that XRP is not a security when sold to retail investors.
Binance.US, in particular, highlighted XRP’s unique utility in its announcement, noting the asset's ability to “facilitate fast and low-friction value transfers,” especially for institutional cross-border payments. This functionality lies at the heart of XRP’s value proposition—its capacity to enable near-instant, low-cost international settlements.
Financial institutions and fintech innovators have long been drawn to XRP for this reason. Unlike traditional banking rails that can take days and incur high fees, XRP-powered transactions settle in seconds at a fraction of the cost. As a result, the token has become a preferred solution for blockchain-based remittance systems and global payment networks.
At the time of writing, XRP is trading at approximately $0.6379, reflecting renewed market confidence and increased liquidity following these exchange relistings.
Why Was XRP Delisted in the First Place?
Back in December 2020, the SEC filed a lawsuit against Ripple Labs, alleging that the company had conducted an unregistered securities offering through the sale of XRP. This legal action triggered a domino effect across the crypto industry.
Major U.S.-facing exchanges—including Coinbase, Kraken, and Binance.US—quickly removed XRP from their platforms to mitigate potential regulatory risks. Even Newton, a prominent Canadian exchange, followed suit, citing ongoing compliance concerns.
These decisions were rooted in caution rather than condemnation. At the time, the outcome of the SEC case was uncertain, and many firms opted for risk-averse strategies to protect their operations and users. However, Judge Torres’ landmark ruling clarified a critical distinction: while institutional sales of XRP might qualify as securities offerings, open-market transactions do not.
This nuanced verdict has since paved the way for exchanges to reinstate XRP without fear of immediate regulatory backlash. It has also sparked renewed interest in Ripple’s broader mission—to modernize global finance using blockchain technology.
Core Features Driving XRP Adoption
Several key attributes make XRP stand out in the crowded digital asset landscape:
- Speed: Transactions settle in 3–5 seconds.
- Scalability: The XRP Ledger can handle up to 1,500 transactions per second.
- Low Cost: Average transaction fee is less than $0.01.
- Energy Efficiency: The network uses negligible energy compared to proof-of-work blockchains.
- Cross-Border Utility: Designed specifically for international payments and remittances.
These features have attracted partnerships with banks, payment providers, and financial institutions worldwide. RippleNet, Ripple’s enterprise payment network, already connects hundreds of financial entities across more than 60 countries.
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Frequently Asked Questions (FAQ)
Is XRP a security?
No. According to the July 2023 ruling by Judge Analisa Torres, XRP is not a security when sold to retail investors on public exchanges. However, institutional sales may still fall under securities regulations.
Why did exchanges delist XRP?
Exchanges removed XRP in 2021 as a precautionary measure following the SEC’s lawsuit against Ripple. With regulatory clarity now emerging, most major platforms have chosen to relist the asset.
Can I buy XRP in the United States?
Yes. Following the court ruling and subsequent relistings, U.S. residents can now trade XRP on several compliant exchanges, including CEX.IO, Coinbase, Kraken, and Binance.US.
What is XRP used for?
XRP is primarily used for fast, low-cost cross-border payments. It enables financial institutions to bridge currencies and reduce settlement times from days to seconds.
How does XRP differ from other cryptocurrencies?
Unlike general-purpose blockchains like Ethereum or Bitcoin, XRP was built specifically for institutional finance. Its design prioritizes speed, efficiency, and scalability for real-world payment applications.
Will more exchanges list XRP?
Yes. As regulatory clarity strengthens and demand grows, additional platforms are expected to reintroduce XRP trading pairs in the coming months.
The Road Ahead for XRP
With regulatory headwinds receding and institutional adoption accelerating, XRP is entering a new phase of growth. The relisting on CEX.IO is not just symbolic—it reflects a broader market recognition of XRP’s utility and compliance trajectory.
As more financial players explore blockchain-based settlement solutions, assets like XRP are poised to play a central role in shaping the future of global finance. Whether it's powering remittance corridors in emerging markets or streamlining interbank transfers in developed economies, XRP continues to prove its relevance beyond speculation.
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The resurgence of XRP trading access underscores a pivotal shift: from uncertainty to utility, from restriction to reintegration. For investors and institutions alike, this moment represents both opportunity and validation—a signal that well-designed blockchain projects can endure legal challenges and emerge stronger than before.