Business
Detailed view of a US 100 dollar bill against a vibrant orange backdrop, highlighting currency concepts.
Photo: Jonathan Borba

Ripple Targets $13 Trillion Corporate Treasury Market for Stablecoin Expansion

Ripple sees a $13 trillion corporate treasury market as a growth avenue for its stablecoin business, with VP Jack McDonald highlighting the Ripple Treasury platform built on a $1 billion software acquisition.

By SamacharDaily Editorial Team • • 1 min read

Ripple is positioning its stablecoin offering toward the corporate treasury sector, which it estimates to be worth $13 trillion. Senior Vice President of Stablecoins Jack McDonald told CoinDesk on Sept. 13 that the size of this market makes it one of the firm’s biggest opportunities.

The focus on corporate treasuries is anchored in Ripple Treasury, a suite built around the company’s $1 billion purchase of a treasury‑management software provider. The acquisition underpins Ripple’s strategy to embed stablecoins within existing treasury workflows.

ALSO READ | Green Modular Cloud Couch Hits $450, Down $100, Targeting Renters

Video: Livestream - Flare and Songbird Networks + XRPL Discussions - Mickey B Fresh & Patty XRP
Watch on YouTube ↗
Why This Matters

Targeting a $13 trillion treasury market could dramatically expand the use of stablecoins in corporate cash management, offering firms a blockchain‑based alternative to traditional liquidity tools. For Ripple, the move leverages a sizable, under‑served segment, potentially boosting transaction volumes and reinforcing its position in the broader fintech ecosystem.

Reporting based on verified dispatches from Pymnts. View primary release ↗
Stay Connected
Follow SamacharDaily on Instagram

Visual explainers, infographics, and daily news briefings on your feed.

More in Business