AXIOS · 2026-10-29 17:22 UTC

Ripple looks to move acquired customers on-chain

Ripple is working to move customers from its acquired treasury and prime brokerage businesses onto blockchain rails, with CEO Garlinghouse noting these businesses handled ~$16 trillion in transactions last year, almost entirely off-chain. Ripple's annualized revenue run rate reached $300 million by end of 2025 and is expected to reach ~$900 million by end of 2026, with RLUSD stablecoin growing to $2.6 billion market cap, up 88% year to date. Robinhood is using Ripple Treasury to manage cash and settle stablecoins outside banking hours, with moving just 1% of the $16 trillion combined…

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