Ripple CEO Brad Garlinghouse announced that the company aims to close 2026 with a $1 billion revenue run rate, explicitly excluding the XRP tokens held on its balance sheet.
Revenue Target and Business Focus
The $1 billion benchmark positions Ripple as a fintech infrastructure provider rather than a token‑driven enterprise. Garlinghouse emphasized that future earnings will stem from products, client contracts, and service fees, not from the sale or appreciation of XRP. This clarification seeks to reassure investors who have long debated the relationship between Ripple’s revenue and its native coin.
Hidden Road Acquisition and Service Diversification
In 2025, Ripple finalized a $1.25 billion purchase of prime broker Hidden Road, adding credit, clearing, and prime‑brokerage capabilities to its portfolio. Hidden Road processes roughly $3 trillion in transactions each year, expanding Ripple’s reach across multiple markets. The integration strengthens Ripple’s appeal to large‑scale clients looking for comprehensive blockchain‑enabled financial solutions.
Stablecoin Expansion and Emerging Payments
Ripple USD (RLUSD) now serves as a preferred stablecoin for enterprise settlement and collateral across the Ripple network. Recent developments tie RLUSD to AI‑driven payment agents and machine‑to‑machine transactions on the XRP Ledger. By embedding the stablecoin in advanced payment tools, Ripple aims to capture new crypto market segments and attract forward‑thinking investors.