“Can Ripple transform from a blockchain payments rail into the comprehensive financial infrastructure layer for cross-border stablecoin payments, institutional digital asset custody, and enterprise treasury management globally?”
Founded in 2012 as a blockchain-based cross-border payments company, Ripple expanded from its single use case of payments into custody (via Metaco acquisition), stablecoins (RLUSD), prime brokerage, and corporate treasury (via CashAnalytics acquisition). The launch of Ripple Treasury in 2026 marks a strategic pivot toward becoming the financial OS for enterprise treasury management, embedding native digital asset capabilities into a platform with 40 years of fiat TMS heritage. Ripple increasingly operates as a B2B infrastructure provider to fintechs, PSPs, and banks rather than as a retail-facing company.