On the 28th, U.S.-based Ripple announced that by the end of 2026, its annual product revenue run rate is expected to reach approximately $900 million. This growth is attributed to the expansion of its own products and acquisitions made in 2025.
According to the company, the number of customers and partners has tripled by 2026. Currently, Ripple holds over 85 licenses and provides services to more than 1,700 financial institutions and enterprises. The cumulative transaction volume of its payment network is projected to approach $150 billion by the end of the year. Additionally, it was revealed that Ripple has received final approval from the OCC (Office of the Comptroller of the Currency) to establish the federally supervised trust bank, 'Ripple National Trust Bank.'
In terms of partnerships, Ripple is expanding its collaboration with BNY in custody and tokenized trade finance on the XRP Ledger, initially starting with supplier finance initiatives with C2FO. The company has also partnered with Robinhood and DriveWealth and is involved in Mastercard's stablecoin payments.
Furthermore, the market capitalization of Ripple's USD-pegged stablecoin 'RLUSD' has increased by over 88% since the beginning of the year, reaching approximately $2.6 billion. RLUSD is available on cryptocurrency exchanges such as Coinbase, Robinhood, Binance, Kraken, and OKX.
Brad Garlinghouse, CEO of Ripple, stated, 'Ripple is at the heart of a major transformation in rebuilding the global financial system,' emphasizing the company's commitment to strengthening partnerships with its corporate allies.
On the same day, Ripple also announced a partnership with major U.S. cryptocurrency exchange Coinbase. This collaboration enables the trading and management of RLUSD on Coinbase Prime, Coinbase Exchange, and Coinbase's consumer app in the U.S., allowing users to exchange U.S. dollars and corresponding USD-pegged stablecoins for RLUSD at a 1:1 ratio.
The network supports XRP Ledger, Base, and Ethereum for deposits and withdrawals. Ripple will provide liquidity for RLUSD on the Base network.
Through this partnership, Ripple aims to expand its reach among U.S. institutional investors and increase the usage of RLUSD.
Reference: Announcement 1, Announcement 2
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