Projected annualized product revenue to reach $900 million, Ripple expects to achieve by the end of 2026

Odaily report: Ripple expects to close out 2026 with $900 million in annualized product revenue, with growth coming from payments, custody, stablecoins, prime brokerage, and treasury operations. This year, the number of customers and partners using multiple Ripple products has tripled, cumulative transaction volume on the Ripple payments network is expected to approach $150 billion by year-end, and the stablecoin RLUSD has reached a market capitalization of $2.6 billion. On Monday, Ripple received final approval from the U.S. Office of the Comptroller of the Currency (OCC) to establish a national trust bank, and expanded its tokenized trade finance collaboration with BNY on the XRP Ledger. XRP has fallen nearly 30% year-to-date, with a market capitalization of $83 billion.