Ripple Aims for Trillion-Dollar Market Share with Stablecoin Push
Ripple is targeting the $13 trillion corporate treasury market to grow its stablecoin business using blockchain solutions. The company has acquired GTreasury, which includes its Ripple Treasury platform.
With around 1,200 corporate clients managing cross-border and domestic funds, Ripple aims to bring these traditional financial transactions onto blockchain technology.
This move aligns with the growing adoption of stablecoins in payments and finance, as Ripple's RLUSD stablecoin supply has surged by over 50% recently.