Ripple Aims to Capitalize on Stablecoin Growth, Seeks 10% Market Share

Ripple is aggressively expanding its reach in the cryptocurrency market with its RLUSD stablecoin, aiming to capture a significant portion of the rapidly growing stablecoin market. This strategy could potentially boost XRP prices significantly. 10% market share is within reach for the stablecoin by 2025 as per Citi’s projections. The company’s ambitious goal is reflected in the rapid growth of RLUSD, now valued at approximately $300 million after launching in December 2024. This success reflects Ripple’s increasing influence and positions XRP to bridge currencies between RLUSD and other major fiat currencies like the US dollar, Yen, and Euro.