Ripple Treasury processed $13 trillion in 2025
Brad Garlinghouse just confirmed the scale of Ripple’s treasury ambitions for the XRP Ledger. His easy, low-hanging fruit, starting line is $13 trillion.
The Ripple CEO just went on FOX Business TV with Maria Bartiromo and dropped a number that should stop every XRP holder in their tracks. Ripple Treasury processed $13 trillion in payments last year.
Thirteen. Trillion. Dollars.
Market Context
And here’s the kicker: Zero of those payments were stablecoin-enabled. Soon, once they hook up Ripple USD to those transfers to reduce the legacy cost of those payments, those transactions could be burning XRP fees each and every time.
That’s the setup.
Ripple is seeing over 1,000 corporate customers pushing for the XRP Ledger to make their systems faster, unlock capital trapped overseas, and reduce the friction of cross-border payments.
Garlinghouse thinks Hidden Road (now Ripple Prime) and the Ripple Treasury acquisitions have outperformed expectations. Ripple Prime has already tripled its revenue run rate since acquisition. And Ripple Treasury is “way ahead of the forecast,” he told the FOX TV audience.
He described the $13 trillion opportunity just within Ripple Treasury like this, while hinting at tens of trillions in additional opportunities this year. “When a CFO goes to make a payment through the Ripple Treasury dashboard, they get a choice. Send it through traditional rails, where it takes 3-5 days, or send it through stablecoin-enabled crypto rails, where it arrives in one minute. Giving the treasurer that option is ‘the unlock.’”
News
David Sachs completes term as Trump Crypto and AI Czar (CNBC)
Fannie Mae to accept crypto backed mortgages (WSJ)
Brazil authorizes criminal seizure of crypto assets (Gov.br)
Representative Walters (D-CA) probes Kraken Fed account access (House.gov)
Japan warns of tighter rules for unregistered crypto platforms (Fsa.go.jp)
UK sanctions Cambodian scam network and crypto marketplace (Gov.uk)
MARA sold 15,133 BTC to repurchase $1.1B in notes (Mara)
CEA Industries $BNC accuses 10X Capital of delaying asset management deal (GlobeNewswire)
DCG claims $1.1B note reduced to zero via Genesis GBTC foreclosure (Law360)
ARK Invest taps Kalshi for economic data (Kalshi)
NYSE lifts total commitment to Polymarket to nearly $2B (Coindesk)
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XRP Premium Analysis
Ripple now controls a treasury platform that moves $13 trillion annually through traditional payment rails. Over 1,000 corporate clients, including Fortune 500s.
Right now, since it’s a new acquisition by Ripple, none of that currently runs on its Ripple USD, but Garlinghouse is pushing for that conversion as soon as possible.
The entire platform has been built, from day one under Ripple’s new leadership, to integrate blockchain settlement, RLUSD stablecoin payments, and XRP-based cross-border liquidity.
The Ripple Treasury product page makes this explicit, saying the platform offers direct API integrations to digital asset platforms, 3-5 second settlement using digital assets as bridge currency, and access to Ripple Prime for overnight secured repo markets using RLUSD collateral.
Consider the math. If even 5% of that $13 trillion migrates…