Ripple has announced a strategic goal to reach an annualized product revenue run rate of $900 million by the end of 2026. The company intends to achieve this target by focusing on the expansion of its institutional business, specifically targeting institutional payments and capital markets.
The growth strategy is supported by the performance of Ripple’s RLUSD stablecoin, which has achieved a market capitalization of $2.5 billion. Additionally, the company reports that its cumulative payment volumes are currently approaching the $150 billion mark.
The company is shifting its focus toward regulated institutional settlements. Market observers are now tracking the adoption of Ripple’s technologies by major financial institutions, as well as any regulatory updates that may influence the price of XRP.
