of $XRP The ledger real-world asset market has quietly exploded over the past year, growing from about $50 million to more than $5 billion. Now, one Ripple executive says the next phase of growth could be dramatically bigger.
Ripple executive Luke Judges argued in a recent interview that the industry is moving beyond tokenization experiments to actual financial infrastructure. He said Ripple is currently in discussions with institutions about payment systems and asset issuance on a scale that would dwarf what currently exists on-chain.
“The total RWA amounted to approximately $50 million to $5.1 billion,” the judges said. “That’s 100x growth in one year. I expect 100x growth to continue.”
$XRP ledger: next 100 times
What struck me most about the judges’ comments was not the growth that had already occurred, but what they expected to see next.
According to him, $XRP Leisure’s current $5.1 billion RWA market could eventually grow another 100x, pushing the ecosystem into the $500 billion range. He cited increased involvement from financial institutions and deepening discussions on infrastructure as key reasons for his optimism.
This rapid expansion comes after years of uncertainty surrounding Ripple’s legal battle with the SEC. With many of the excessive regulations now removed, institutions seem increasingly comfortable conducting research. $XRP ledger.
Banking is no longer just about exploring
During Money20/20 Europe, we received a similar message from Ripple UK Managing Director Cassie Craddock.
Mr Craddock said banks, fintech companies and payment providers are now focused on how quickly they can adopt blockchain technology, rather than asking whether they should tackle it.
“What struck me was the change,” she explained. “They should not be working on cryptocurrencies, but asking more about how quickly they can get on board with the technology.”
He explained that discussions around tokenization, stablecoins, custody, and treasury management are signs that financial institutions are moving from exploration to execution.
Infrastructure preparation completed
on the other hand, $XRP Ledger’s RWA market continues to grow, and so do other parts of the ecosystem. Stablecoin activity is surging, RLUSD supply is surging, and institutional investor interest is also increasing. $XRPThe number of related investment products continues to increase.
The bigger takeaway for Ripple is that financial institutions appear ready to use blockchain infrastructure, rather than simply exploring it.
“The infrastructure is ready and the time is now,” Craddock said.
If Ripple’s view is correct, $XRP Leisure’s current $5 billion RWA market may seem tiny compared to what’s coming next.
