Ripple's Decoupling from XRP: A New Era of Growth
Ripple, a blockchain company focused on improving cross-border payments and financial infrastructure, has experienced significant growth in recent years. However, this growth is largely independent of XRP's market performance.
The company's valuation stands at around $40 billion following recent funding rounds, demonstrating strong confidence from institutional investors. This growth can be seen in the success of RLUSD, Ripple's regulated stablecoin, which has reached a market value of $1 billion.
Ripple's services and products are designed to work without XRP, focusing on speed and cost-effectiveness for traditional financial institutions. The company's expansion into stable digital assets and partnerships with banks have contributed to its growth.