Ripple CLO Spotlights Enterprise Growth as XRP Utility Expands in 2026

Ripple Chief Legal Officer Stuart Alderoty says the company has expanded into a full-service crypto infrastructure provider for enterprises. Speaking in an interview with the New York Stock Exchange, Alderoty said Ripple now supports payments, custody, tokenization, liquidity, and treasury management. His comments come as the National Cryptocurrency Association reports wider crypto adoption across the United States. Meanwhile, new Messari data shows XRP utility grew in Q1 2026 as XRPL activity, tokenized assets, and ETF holdings increased. Ripple Expands Enterprise Crypto Services Alderoty said Ripple has spent more than 13 years building infrastructure for companies seeking blockchain-based financial services. He described Ripple as a “one-stop shop” for large and medium-sized enterprises that want to use crypto across several business functions. According to Alderoty, Ripple’s current services cover payments, custody, tokenization, liquidity, and treasury management. This broader product base shows how the company is positioning itself beyond cross-border payments, its original core business. Ripple’s enterprise push comes as banks, payment firms, and fintech platforms continue testing digital asset tools. Alderoty said crypto and traditional finance are no longer moving on separate paths. Instead, he said both sectors are increasingly operating side by side. This approach also supports Ripple’s role in regulated financial infrastructure. The company has focused on institutional use cases, including stablecoins, tokenized assets, and blockchain-based settlement. Its growing service range gives enterprises a single provider for several crypto-related needs. U.S. Crypto Ownership Reaches 67 Million Alderoty’s comments came alongside the National Cryptocurrency Association’s latest State of Crypto Holder Report. The study, conducted with Harris Poll, surveyed 40,000 Americans and found that about 67 million people in the United States now own or use crypto. The report also found that 12 million new users entered the crypto economy between the 2025 and 2026 surveys. Alderoty said this growth reflects wider participation across different regions, professions, and income groups. New crypto users now include women, construction workers, and manufacturing employees, according to the report. This suggests that adoption is no longer limited to early technology users or investors based in major innovation hubs. XRP Utility Strengthens Across XRPL Meanwhile, Messari’s Q1 2026 report showed growing XRP utility across the XRP Ledger ecosystem. Average daily transactions on XRPL rose 35.3% quarter-over-quarter to 2.48 million, signaling stronger network usage during the period. XRP ended Q1 as the fourth-largest cryptocurrency excluding stablecoins, behind Bitcoin, Ethereum, and BNB. Its market capitalization stood at $82.21 billion, down 26.3% from the previous quarter amid a broader market correction. XRP Q1 Report | Source: Messari Despite the decline, XRP still represented 3.9% of the crypto market excluding stablecoins. Messari also reported that XRP remained the dominant native asset among chains using federated consensus, with 93.7% of that category’s market value. ETFs, RLUSD, and RWAs Drive Institutional Use Institutional demand remained visible through U.S. spot XRP ETFs. Messari reported that these funds held 775.4 million XRP by the end of Q1, equal to about 1.26% of the circulating supply. Tokenized real-world assets also recorded strong growth on XRPL. Messari said the network’s RWA market capitalization rose 124% quarter-over-quarter to $2.25 billion, placing XRPL among the leading blockchain networks for tokenized assets. RWA market Cap | Source: Messari Ripple’s RLUSD stablecoin also expanded during the quarter. Its market capitalization on XRPL grew 45% to $340.3 million, making it the largest stablecoin on the network. Messari also noted XRP’s burn mechanism, where transaction fees are permanently destroyed. About 14.3 million XRP has been burned since XRPL launched, while the network’s low fees keep the burn rate modest.