Ripple’s $1 billion acquisition of GTreasury is another step in the company’s expansion and represents a direct challenge to the stablecoin distribution problem.
Ripple USD (RLUSD) has grown an impressive 987% since its launch in December 2024, reaching $839.9 million in supply, but it still only captures 0.27% of the $301.9 billion stablecoin market. GTreasury could completely change that dynamic.
Financial management systems reside within the cash workflows of thousands of Fortune 500 companies, giving Ripple instant access to corporate treasurers managing trillions of dollars in short-term assets.
This acquisition creates a direct pipeline from RLUSD to corporate operating cash, potentially transforming stablecoins from exchange-centric tokens to corporate financial infrastructure.
Corporate financial benefits
With GTreasury’s 40 years of financial experience, RLUSD provides built-in access to corporate decision makers.
Financial managers using GTreasury’s platform can now hold tokenized cash, check balances 24/7, instantly settle accounts payable, and access repo markets without having to rebuild their back-office systems.
This is important because corporate treasurers currently manage vast amounts of idle capital with minimal returns.
Access to high-yield repo markets while maintaining operational flexibility is an attractive value proposition for CFOs focused on optimizing cash returns.
For RLUSD, which has a cumulative trading volume of $21 billion compared to $3 trillion in monthly trading volume for all stablecoins, GTreasury provides a much-needed breakthrough in scale.
The introduction of corporate financial controls can accelerate both supply growth and transaction speed.
Build a complete enterprise stack
The deal with GT Treasury makes even more sense when viewed alongside Ripple’s other 2025 acquisitions.
Hidden Road’s $1.25 billion deal will provide institutional brokerage capabilities, while Rail’s $200 million acquisition will include automated payment processing. Together, they create a comprehensive corporate finance infrastructure.
Hidden Road’s broker-dealer license enables RLUSD to serve as cross-margin collateral between cryptocurrencies and traditional financial instruments, making it the first stablecoin to be positioned for such use at an institutional scale.
Rail’s processing power processes more than 10% of the $36 billion global stablecoin business payments market and provides the operational backbone for enterprise-scale transactions.
This integrated approach addresses the main barriers to stablecoin adoption in the corporate sector. With the GENIUS Act establishing a federal framework for stablecoins, RLUSD gains regulatory clarity along with operational infrastructure.
RLUSD Growth Promoters
The timing of these acquisitions is consistent with RLUSD’s need for distribution scale. Despite rapid growth, stablecoins are still marginal compared to the dominance of USDC and USDT.
Adopting corporate finance through GTreasury can provide breakthroughs on a scale that cannot be achieved through organic growth alone.
Financial managers represent high-value, persistent customers who process large volumes of transactions in predictable patterns. Unlike individual cryptocurrency users, corporate treasurers require reliability, compliance, and integration with existing financial workflows.
This combination enables multiple RLUSD use cases, including operational capital management, cross-border payments, yield optimization through repo access, and collateralization for institutional transactions.
Each expands both addressable markets and trading frequency.
Additionally, XRP will benefit indirectly through the expansion of payment corridors. A large network of companies using Ripple infrastructure creates more opportunities for XRP to act as a bridging asset for cross-border transactions.
However, XRP implementation faces structural challenges in enterprise environments. Financial managers prioritize balance sheet stability, making volatile assets like XRP secondary to stablecoins in most use cases.
The adoption of XRP will depend on being able to demonstrate clear cost savings and/or speed benefits that justify the added complexity.
This infrastructure creates options for XRP adoption in certain corridors, offering economic benefits over traditional correspondent banking, especially where exotic routes or instant settlements justify the risks associated with price fluctuations.
Yet, success requires perfect integration across multiple complex systems.
GTreasury’s traditional treasury workflows must connect seamlessly with blockchain-based payments while maintaining the reliability that corporate treasurers demand. Any operational failure can undermine enterprise trust in stablecoin infrastructure.
Regulatory approval is also a hurdle. Although the GENIUS Act clarifies the framework for stablecoins, integrating digital assets into corporate financial systems still requires navigating complex compliance requirements across multiple jurisdictions.
RLUSD must also have sufficient liquidity depth to be able to handle enterprise-sized trades without impacting the price. Although the current trading volume is increasing rapidly, it is still small compared to the financial requirements of enterprises.
The coming months will determine whether this $2.45 billion infrastructure investment leads to meaningful implementation or remains an expensive experiment in corporate consolidation.
In RLUSD’s growth trajectory, GTreasury could mean the difference between maintaining a niche position and achieving mainstream corporate adoption.