Ripple says its payment volume has surpassed $100 billion, a figure the company is using to sharpen its identity as a broader financial technology provider for institutions. The message is clear: Ripple no longer wants to be seen only through the lens of its earlier cross-border remittance business.
Reece Merrick said the $100 billion mark shows Ripple has built a payments operation at institutional scale. That framing matters. It shifts attention away from future ambition and toward a network the company says is already handling meaningful payment activity across multiple jurisdictions and settlement rails.
Network footprint now spans more than 60 markets
Ripple said it has established a presence in more than 60 global markets. That gives the milestone added weight, because the company is pointing to an existing operating network rather than a roadmap still waiting to be built.
The company also said its platform supports payouts across more than 60 major markets and runs on 51 real-time payment rails. Combined with account and wallet management tools for enterprises, Ripple is presenting itself as a more comprehensive payments provider instead of a narrow blockchain transfer service.
RLUSD adds another layer to the payments story
RLUSD has become a central part of that pitch. Ripple said the regulated stablecoin reached a market capitalization of $1 billion in less than a year after launch. As stablecoins take on a larger role in settlement, treasury activity, and liquidity movement, RLUSD is being positioned as part of the company’s larger payments stack.
Earlier this month, on March 3, 36crypto reported that Ripple minted 69 million RLUSD on the XRP Ledger, the largest single mint recorded for the stablecoin. On-chain records later showed the tokens moving toward Gemini, drawing fresh attention to exchange balances and liquidity positioning.
The activity did not stop there. During the same week, the RLUSD Treasury carried out several multi-million-token mints and calculated burns across both the XRP Ledger and Ethereum, showing that Ripple has been actively managing stablecoin liquidity while its broader payments business keeps expanding.
Licenses and acquisitions broaden the platform
Ripple said it now holds more than 75 regulatory licenses worldwide. The company continues to put compliance at the center of its pitch to businesses that want blockchain-based infrastructure without adding more legal uncertainty to cross-border fund movement.
Ripple also tied the $100 billion payments milestone to recent acquisitions. According to the company, Palisade strengthened custody, wallet infrastructure, and treasury automation, while Rail added global virtual accounts and collection capabilities for enterprise users.
Ripple said these additions let businesses receive funds in fiat currencies or stablecoins and convert them into preferred currencies, helping reduce foreign exchange exposure and lowering the need to set up local corporate entities in every market where they operate. With named virtual accounts, wallets, broad market coverage, and real-time payment rails, Ripple is arguing that its institutional payments platform has moved into a larger phase.