- XRP is among cryptocurrencies building real use cases in the financial market.
- Ripple is making acquisitions and developing new projects.
- Ripple’s actions will boost XRP’s chances in the next market cycle.
Canary Capital CEO Steven McClurg classifies XRP among cryptocurrencies that are building real use cases in the financial market, particularly tokenization.
2026 is a Year of Building in the Blockchain Industry
McClurg made the statement during a recent podcast, while projecting increased adoption for that crypto asset class in 2026 despite several headwinds. According to McClurg, 2026 is a year of building in the blockchain and cryptocurrency industry, a period traditionally renowned for preparation to dominate the next crypto market cycle.
In the meantime, McClurg highlighted ongoing activities in the Ripple ecosystem, including several acquisitions and the development of new projects. He cited the fintech company’s model as an ideal and timely way to prepare for future growth.
XRP and RLUSD are Ahead in the Digital Financial Sector
Despite Ripple’s ongoing improvements, McClurg thinks the firm’s XRP and RLUSD are currently in pole position among protocols dominating the mainstream financial sector. According to him, Ripple is in the best position to partner with banks and Wall Street companies to develop their financial infrastructure.
Focusing on tokenization, McClurg highlighted Ripple’s remittances network as a crucial aspect of the company’s product development. He cited the RLUSD stablecoin as one of the most important elements of the Ripple ecosystem. According to McClurg, RLUSD will explode as soon as it becomes integrated into the rails of Ripple’s partners, potentially surpassing the USDC stablecoin.
Market Access and Regulation
Market access stood out as one of the areas where McClurg sees potential implementation of Ripple’s products. According to him, tokenizing equities and bonds is the next iteration for the technology. Meanwhile, he considers custody banks, particularly in the U.S., as mainstream entities more open to adopting digital products within the current regulatory boundaries.
McClurg believes the CLARITY Act, which many crypto community members believe will straighten out the crooked areas of the rules guiding the industry, can and should easily be passed in its current form. However, he foresees a delay in the bill’s passing but not beyond the first half of 2026.
Related: XRP Bulls Show Strength Amid Early Signs of a Potential Upside Breakout
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