While Others Fled, Binance Backed XRP: CZ’s Bold Revelation

Binance Never Dropped XRP: CZ Confirms Global Platform Stood by Ripple Amid SEC Battle

XRP Faced Massive Delistings—But Not on Binance.com

During the height of Ripple Labs’ legal showdown with the U.S. Securities and Exchange Commission (SEC), most U.S.-based crypto exchanges rushed to delist or suspend trading of XRP, fearing regulatory fallout. But now, Binance founder Changpeng Zhao (CZ) has made it clear: Binance’s global exchange, Binance.com, never stopped supporting XRP.

While Binance.US (the American affiliate) did suspend XRP trading in early 2021, the international platform remained open to XRP traders worldwide.

“FWIW, Binance.com never delisted XRP,” CZ stated on X, responding to Ripple CEO Brad Garlinghouse’s update about the company dropping its cross-appeal in the long-running SEC lawsuit.

This subtle but important clarification shines a light on how U.S. regulations created panic among domestic platforms, even as international players like Binance.com kept XRP alive for global users.

 U.S. Exchanges Abandoned XRP After SEC Lawsuit

 What Sparked the XRP Delisting Wave?

In December 2020, the SEC filed a lawsuit against Ripple Labs, claiming that it had raised $1.3 billion through unregistered securities offerings using XRP.

Almost immediately, a cascade of exchanges began pulling XRP from their platforms:

• Coinbase suspended XRP for U.S. users shortly after the lawsuit.

• Crypto.com followed by halting XRP trading in the U.S. by January 19, 2021.

• OKCoin suspended XRP trading citing “risk management.”

• Blockchain.com and Bittrex also removed XRP trading for U.S. users.

These exits significantly impacted XRP’s liquidity in the American market, even though the coin remained widely traded elsewhere.

 Binance Stood Alone—And It Paid Off

While U.S.-based exchanges scrambled to cut ties with XRP, Binance.com quietly kept the token listed. That decision provided vital liquidity and global exposure for XRP during its darkest regulatory days.

Even with its U.S. branch, Binance.US, temporarily removing XRP, the global platform ensured that international traders still had access to the token.

This move proved essential, not just for maintaining XRP’s relevance, but also for giving investors worldwide the confidence to keep trading it.

 XRP Makes a Comeback as Legal Clouds Clear

 Court Wins Help XRP Reclaim Listings

Fast forward to 2024–2025, and Ripple’s courtroom fortunes have changed. Several favorable rulings have clarified that XRP is not a security in all cases, prompting exchanges to bring the token back.

• Binance.US has already relisted XRP, now that the primary legal risk has diminished.

• XRP’s price, while currently down 0.2% in 24 hours and 0.4% over 30 days, has still soared 361.1% over the past year—a sign of market recovery.

As Ripple announces the dropping of cross-appeals, a significant chapter of this legal saga is officially closed. That means the final barrier to XRP’s full comeback in the U.S. is gone.

 CZ’s Clarification Draws Praise from XRP Army

CZ’s timely post has been widely praised by the XRP community, who see Binance’s global support as a sign of loyalty and conviction during regulatory chaos.

His statement also offers a stark reminder: not all crypto platforms operate under the same rules. While U.S.-based companies had no choice but to follow SEC guidance, international platforms had more freedom to judge the risk—and Binance clearly believed XRP would survive.

What It Means for the Future of Crypto Regulation

A Global Divide in Crypto Enforcement

CZ’s post and Binance’s XRP strategy highlight a growing issue in crypto: the regulatory divide between the U.S. and the rest of the world. While U.S. agencies like the SEC aggressively pursue enforcement, international markets often take a wait-and-see approach.

This split has created confusion and unequal access for crypto users depending on their country, prompting calls for clear, global crypto regulations.

Binance’s decision not to delist XRP during its legal troubles wasn’t just a technical detail—it was a major statement of confidence in Ripple and the asset’s future.

Now that the lawsuit is winding down and XRP is being welcomed back by U.S. platforms, CZ’s comment serves as a reminder that sometimes, holding firm pays off.

Disclaimer: The above press release has been provided by a third party. We do not verify or endorse the content and will not be responsible for any inaccuracies, claims, or damages arising from the same.