Ripple expects to reach a $900 million annualized product revenue run rate by the end of 2026. The company says customers and partners using multiple Ripple products have tripled this year, while its RLUSD stablecoin has grown to roughly $2.6 billion.
Ripple expects a $900 million annualized product revenue run rate by the end of 2026 as institutional demand grows across its payments, custody, stablecoin and trading businesses. The figure is an expected pace at year end, not revenue already earned during 2026.
The company said the number of customers and partners using multiple products has tripled this year. Ripple announced the figures as it opened its annual Swell conference.
Platform reach and RLUSD growth
Ripple said its platform serves more than 1,700 institutions, corporations and enterprises, backed by over 85 regulatory licenses. Its products also enabled more than $16 trillion in transactions during 2025.
Meanwhile, the company's dollar-backed stablecoin RLUSD has reached a market capitalization of approximately $2.6 billion, growth of more than 88% since the start of 2026. The expansion follows Ripple's final approval from the Office of the Comptroller of the Currency to establish Ripple National Trust Bank.
The national trust bank is authorized to manage segregated reserves supporting RLUSD, act as collateral trustee for stablecoin holders and provide fiduciary digital asset custody. However, RLUSD will still be issued by Standard Custody & Trust Company, Ripple's New York regulated subsidiary.
Trading and tokenization partnerships
Beyond payments, Ripple is extending its institutional infrastructure into perpetual futures, prediction markets and traditional financial assets. Ripple Prime, its institutional brokerage platform, provides financing, clearing and settlement across equities, foreign exchange, futures, fixed income and digital assets.
On the XRP Ledger, Ripple expanded its collaboration with BNY to develop tokenized trade finance infrastructure, starting with a supplier financing initiative involving C2FO. Aviva Investors also introduced a tokenized share class of its Sterling Liquidity Fund on the network.
CEO Brad Garlinghouse framed the strategy around convergence. According to Crypto Briefing: "As traditional and digital finance converge, market infrastructure is migrating to modern rails," Garlinghouse said.
Source: Crypto Briefing
Trading involves risk.
Risk Disclaimer
