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Binance Stands by XRP as Others Pull Back

Binance maintained XRP trading on its global platform during the SEC lawsuit, helping the token recover as Ripple’s legal issues near a resolution

Jordan Avery by Jordan Avery
June 29, 2025
in Featured, News
Reading Time: 4 mins read
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Binance, one of the largest crypto exchanges in the world, never removed XRP from its platform during the legal drama with the U.S. Securities and Exchange Commission (SEC). Unlike many U.S. exchanges, Binance kept trading XRP on its global platform. Binance’s CEO, Changpeng Zhao (CZ), confirmed this in a recent post, highlighting that Binance.com never suspended XRP trading.

The SEC’s lawsuit against Ripple caused many U.S. exchanges, like Coinbase and Crypto.com, to stop trading XRP. However, Binance continued to support the token on its international platform, which made a big difference for XRP during this time.

The Distinction Between Binance.com and Binance.US

CZ pointed out an important difference between Binance’s global platform, Binance.com, and its U.S. platform, Binance.US. While Binance.com kept XRP listed, Binance.US removed it in January 2021. This happened after the SEC’s lawsuit against Ripple. An analyst confirmed this, saying,

“Binance.com never delisted XRP. Only Binance.US suspended it in January 2021 after the SEC lawsuit, and it’s now relisted.”

This distinction is key. Binance.com’s support for XRP helped the token maintain its market presence. On the other hand, Binance.US’s suspension made it harder for U.S. users to trade XRP.

👏 FWIW, https://t.co/9rMMAmczvH never delisted XRP.

— CZ 🔶 BNB (@cz_binance) June 28, 2025

Regulatory Uncertainty Leads U.S. Exchanges to Delist XRP

The SEC filed a complaint against Ripple in December 2020, claiming that Ripple had sold unregistered securities. This created uncertainty for XRP’s legal status. As a result, many well-known U.S. exchanges, such as Coinbase, Crypto.com, and OKCoin, suspended or delisted XRP.

Coinbase, one of the largest exchanges, was the first to stop XRP trading for U.S. customers. This was a major blow to XRP, as Coinbase had been a big platform for the token. Other exchanges, like Crypto.com, followed Coinbase’s decision and removed XRP from their platforms in January 2021.

Binance Continued Support Kept XRP Active

While other exchanges stepped back, Binance’s decision to continue XRP trading globally was crucial. It provided liquidity and gave people outside the U.S. access to XRP. Even though U.S. regulators caused uncertainty, Binance’s global platform allowed XRP to keep trading and remain in the market.

This support helped XRP maintain its trading volume and market presence during a tough time. Binance’s decision was important for XRP, as it kept the token available for traders who still wanted to buy or sell it.

XRP Shows Recovery and Mixed Performance

Currently, XRP’s price shows mixed performance. In the last 24 hours, XRP dropped by 0.2%, and over the past 30 days, it’s down 0.4%. However, XRP has had impressive yearly gains of 361.1%. This shows that XRP is recovering from the legal issues it faced.

The rise in XRP’s value indicates that the token is bouncing back, even after the legal challenges with the SEC. Now that the legal issues are winding down and Ripple has reached a settlement, XRP has been relisted on many U.S. exchanges. This has helped boost its price and market confidence.

XRP’s Future in the Crypto Market

As Ripple continues to expand its crypto projects, XRP is expected to play a bigger role in the market again. With legal uncertainties behind it, XRP is free to compete in the market and gain wider acceptance. Binance’s consistent support during the legal battle has helped strengthen XRP’s position. Now, the token is set for future growth.

Tags: binanceBinance.USCrypto MarketCrypto Regulationscryptocurrencydigital assetsDigital Tokensmarket recoveryRippleSECSEC lawsuittrading volumeU.S. ExchangesXrp
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