Ripple anticipates an annualized product revenue run rate of $900 million by the end of 2026, with continued expansion in its institutional business.
Ripple expects its annualized product revenue run rate to reach $900 million by the end of 2026, driven by growth in its payments, custody, stablecoin, prime brokerage, and treasury businesses. The company stated that the number of customers and partners using multiple Ripple products has tripled this year, with its payment network's lifetime transaction volume projected to approach $150 billion, and the RLUSD stablecoin market capitalization reaching $2.6 billion. Ripple CEO Brad Garlinghouse noted that market infrastructure is modernizing as traditional finance converges with digital finance. Additionally, Ripple recently received final approval from the Office of the Comptroller of the Currency (OCC) to establish a national trust bank and expanded its collaboration with BNY Mellon on tokenized trade finance using the XRP Ledger. Despite the XRP token falling nearly 30% this year, the total net assets of spot XRP ETFs reached approximately $1.5 billion as of October 26.
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