TLDR
- Brad Garlinghouse expects 30% of Ripple Treasury’s $13T yearly volume to move on-chain.
- Ripple acquired GTreasury for $1 billion in October 2025 and renamed it Ripple Treasury.
- GTreasury processed $13 trillion in 2025, with zero payments conducted on-chain.
- Ripple Treasury serves over 1,000 clients across 160 countries.
- The platform now combines cash management, RLUSD, tokenized assets and payment tools.
Ripple CEO Brad Garlinghouse said he expects about 30% of Ripple Treasury’s $13 trillion annual payment volume to move on-chain within five years.
Garlinghouse commented on a discussion with Bullish CEO Tom Farley at Consensus 2026 in Miami. He said Ripple’s acquisition strategy is focused on bringing traditional finance companies into blockchain gradually, rather than only buying crypto-native firms.
Ripple acquired GTreasury for $1 billion in October 2025 and later rebranded it as Ripple Treasury. The platform processed about $13 trillion in payments in 2025, but none of that volume used crypto or stablecoins.
Ripple Treasury Targets Corporate Payments
Ripple Treasury serves more than 1,000 corporate clients across 160 countries, including American Airlines, Goodyear, and Volvo.
The platform helps companies manage liquidity, banking relationships, cash positions, and payments across different markets. Ripple now plans to add digital asset tools, stablecoins, and tokenized assets into the same treasury workflow.
Garlinghouse said the company does not intend to force customers into blockchain payments. Instead, Ripple plans to show clients lower-cost and faster options inside existing treasury systems.
He used the example of a company making a fuel payment in Peruvian sol. Such payments can take several days through correspondent banking channels, while blockchain-based settlement could offer faster processing and lower costs.
RLUSD and Tokenized Assets Added to Platform
Ripple Treasury now combines GTreasury’s existing treasury management software with Ripple’s digital asset infrastructure.
The platform supports traditional cash management alongside stablecoins such as RLUSD and tokenized assets. This gives corporate treasury teams the ability to compare payment options without leaving their existing interface.
Garlinghouse said the opportunity comes from moving part of a large traditional payment flow onto blockchain systems over time. He estimated that 30% of the $13 trillion volume could shift on-chain within five years.
That would represent trillions of dollars in annual corporate payment activity moving through blockchain-based settlement rails.
Ripple Focuses on Non-Crypto Companies
Garlinghouse said Ripple’s acquisition strategy differs from many crypto firms because it targets companies outside the digital asset sector.
The GTreasury deal gave Ripple direct access to corporate treasury operations at global companies. Ripple has also expanded through other acquisitions, including Hidden Road, now Ripple Prime.
The strategy is aimed at increasing institutional blockchain usage through existing financial workflows rather than asking companies to adopt completely new systems.
Ripple’s plan depends on client adoption, regulatory clarity, stablecoin use, and whether corporate treasury teams see enough benefit in real-time settlement.
