XRP Ledger payments rise as Ripple Custody grows

Payment transactions account for 53% of XRP Ledger activity, led by RLUSD. Ripple Custody expands to 20+ markets, supporting efficient management of XRP and RLUSD. Payments remain the main use case amid rising institutional adoption.

Payment transactions now represent 53% of activity on the XRP Ledger, with RLUSD emerging as a leading asset in these transactions. Despite XRP’s initial ambitions to transform cross-border payments and a recent legal victory, the token has yet to reclaim its previous all-time high. However, analysts remain optimistic about its future prospects. Ripple Custody, the company’s digital asset management platform, has expanded to over 20 global markets. This platform is rapidly gaining traction among financial institutions seeking efficient and compliant solutions for digital asset settlement and management. By integrating both XRP and RLUSD, Ripple Custody enables institutions to streamline operations, enhance liquidity management, and unify digital asset systems across jurisdictions. The platform’s growth is underscored by deployments such as DZ Bank’s launch of crypto securities custody services within a regulated framework. While the XRP Ledger ecosystem is diversifying with increased DEX activity and institutional interest, payments—driven by RLUSD—remain the dominant use case.