The company stated that institutional adoption of blockchain is accelerating, with growing demand for allocations to XRP and other digital assets. Ripple executive Birla noted that the stablecoin RLUSD processed approximately $22 billion in transaction volume last quarter, indicating that on-chain payments and fund transfers have entered a more practical phase of application.
RLUSD reached $22 billion in a single quarter.
Birla stated that stablecoins and tokenized assets are significant drivers of current industry growth. According to him, RLUSD achieved approximately $22 billion in trading volume over the past quarter, demonstrating that the technology is no longer just a proof of concept but is being continuously used in real-world business applications.
He also stated that stablecoins are becoming a key channel for funds entering and exiting blockchain networks. As institutional and individual usage increases, the efficiency of transferring funds across networks is improving, and such activity may continue to drive on-chain usage on the XRP Ledger.
Tokenized assets amount to approximately $23 billion.
Birla noted that the total value of tokenized assets on blockchain networks is currently around $23 billion and continues to grow quarterly. While this size remains limited compared to traditional financial markets, he believes the long-term growth potential is still substantial.
From its statements, the expansion of stablecoins and tokenized assets is moving blockchain from crypto-native use cases into more conventional financial processes, with adoption beginning to manifest as measurable business data.
Financial institutions shift toward actual deployment
The company said the industry has clearly moved beyond the pilot stage. Birla noted that large financial institutions are now more focused on how to integrate blockchain into their actual operations rather than whether to continue testing the technology.
He cited examples such as traditional financial institutions like BlackRock advancing their initiatives in this space, and mainstream financial media beginning to mention digital assets like XRP more frequently. For Ripple, the growth in RLUSD trading volume is not just a reflection of a single product’s performance, but also indicates that institutional capital is increasingly entering on-chain financial infrastructure.
Additional information: The statements regarding RLUSD trading volume, the scale of tokenized assets, and institutional adoption trends in the article are sourced from public remarks by Ripple executive Birla.