Ripple expects its annualized product revenue to reach $900 million by the end of 2026 as demand grows for its payments, custody, stablecoin and trading services.
The company said Wednesday that customers and partners using multiple Ripple products have tripled this year. Its payments network is nearing $150 billion in cumulative transaction volume, while RLUSD’s market value has reached $2.6 billion.
Ripple Expands Institutional Partnerships
Ripple CEO Brad Garlinghouse said financial markets are moving toward round-the-clock trading and faster settlement as traditional finance adopts blockchain technology.
“As traditional and digital finance converge, market infrastructure is migrating to modern rails,” Garlinghouse said.
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Ripple secured final approval to establish a national trust bank and expanded its partnership with BNY to explore blockchain-based trade finance.
Coinbase also added RLUSD support for retail and institutional customers. Meanwhile, Robinhood expanded its Ripple partnership to cover stablecoins, institutional markets and treasury management.
RLUSD and XRP Face Different Market Trends
Ripple Prime covers more than 100 markets, with trading and settlement running 24 hours a day. XRP has had a weaker year, losing nearly 30% of its value even as spot ETFs draw investor interest. The funds held roughly $1.5 billion in net assets on October 26.
These figures show contrasting trends between Ripple’s expanding institutional business and the performance of XRP, its associated cryptocurrency.
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