Ripple CEO Says 30% of Ripple Treasury’s $13T Will Flow Onchain in Next 5 Years

Ripple CEO Brad Garlinghouse said he expects 30% of Ripple Treasury’s $13 trillion yearly payment volume to move on-chain within the next five years.

He made this statement during a conversation with Bullish CEO Tom Farley at the ongoing Consensus 2026 conference in Miami.

Key Points

Brad Garlinghouse said 30% of Ripple Treasury’s yearly volume could shift on-chain within five years.

GTreasury, now Ripple Treasury, processed $13 trillion in 2025, with zero payments conducted on-chain.

Ripple acquired GTreasury for $1 billion in October 2025 to expand its presence in the global corporate treasury market.

The platform serves over 1,000 clients across 160 countries, including major firms like American Airlines.

Ripple is targeting non-crypto companies through acquisitions to drive broader blockchain adoption.

Ripple Bringing TradFi On-Chain Gradually

During the recent interview, Farley asked Garlinghouse to explain Ripple’s acquisition strategy. He noted that the company has used inorganic growth through mergers and acquisitions to expand its business. The Bullish CEO asked for an overview of how that strategy has been working so far.

In response, Garlinghouse explained that Ripple, like Bullish, has taken a different path compared to many crypto firms.

He said many companies in the space focus on buying other crypto companies, which keeps them operating within the same circle. However, Ripple has chosen to look outside that space and bring in companies that are not originally part of the digital asset industry.

Potential in Ripple Treasury

Garlinghouse mentioned Ripple Treasury (formerly GTreasury) as an example. He said the platform handled about $13 trillion in payments last year.

However, he noted that none of those payments used stablecoins or any digital assets in 2025. According to him, this shows how much room there is to move these transactions onto blockchain systems over time.

Meanwhile, Garlinghouse clarified that Ripple does not want to rush its customers into change. Instead, the company plans to guide them step by step.

He mentioned large companies like American Airlines, along with other firms ranging from Fortune 50 to mid-sized businesses, as key users. These companies already use the platform to manage liquidity and handle banking activities across different countries through one dashboard.

About 30% of Annual Payments Could Shift Onchain

To explain the benefits, Garlinghouse highlighted how a company like American Airlines might make a fuel payment in Peruvian sol. Right now, the process can take four days and cost a lot because it depends on a single correspondent bank.

He said Ripple Treasury can offer a better option directly in its interface. Specifically, it can show users how to complete the same payment in real time and at a lower cost. This allows treasury managers to compare options and choose what works best for them without changing their entire system.

Garlinghouse stressed that the change will be gradual. He said adoption will move in stages, starting slowly and then growing over time. Looking ahead, the Ripple CEO said he believes 30% of the $13 trillion payment flow will be onchain within five years.

Ripple’s Treasury Plans

For context, Ripple announced the $1 billion acquisition of GTreasury in October 2025. The transaction gave a full exit to investor Hg, which had invested in 2023.

GTreasury, based in Chicago, has more than 40 years of experience and serves over 1,000 customers in 160 countries, including major companies like American Airlines, Goodyear, and Volvo. The deal was completed by early December 2025.

Ripple introduced Ripple Treasury in late January 2026 as its first major step after the acquisition. The platform combines GTreasury’s treasury management system with Ripple’s digital asset technology. It allows users to manage traditional cash, stablecoins such as RLUSD, and tokenized assets in one place.

Earlier this year, Garlinghouse confirmed that GTreasury processed $13 trillion in payments in 2025, and none of that volume was onchain. With Ripple now adding digital asset features to the platform, the company plans to shift a large part of that volume to blockchain-based transactions over the next few years.