XRP, Not Just a Remittance Coin? What Are Ripple's Hidden Businesses?

▲ Ripple ©

XRP (Ripple) is expanding beyond a simple payment token into various financial infrastructures, growing its presence.

According to the cryptocurrency specialized media Watcher.Guru on April 27 (local time), Ripple has expanded its adoption in various business areas, including blockchain infrastructure, stablecoins, and custody services, in addition to XRP. Notably, platform adoption has steadily increased even amidst the legal dispute with the U.S. Securities and Exchange Commission (SEC) from December 2020 to 2025.

Ripple's core technology is the XRP Ledger, which is highly utilized by financial institutions due to its fast processing speed and scalability. This network powers RippleNet, enabling banks, businesses, and payment service providers to process instant remittances at low costs. It is reported to be particularly popular among Japanese banks.

Ripple expanded its business portfolio by launching its own stablecoin, RLUSD, in December 2024. Although XRP is known as its flagship product, RLUSD has also seen rapid adoption over the past year. As stablecoins establish themselves as a core pillar of the cryptocurrency market, global financial services company Western Union is also entering the competition, announcing the launch of its USDPT stablecoin in May 2026.

Another pillar is custody services. Ripple provides digital asset storage and trading infrastructure for financial institutions, banks, and fintech companies, with major institutions like DBS utilizing these services.

With such a diverse product lineup and use cases, Ripple is evaluated to have established a unique position within the cryptocurrency industry. Recent reports also raise the possibility of XRP incorporating quantum security technology by 2028, drawing attention to its future technological evolution.

*Disclaimer: This article is for investment reference only, and we are not responsible for any investment losses based on it. The content should be interpreted for informational purposes only.*