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Ripple's bank deals grow but XRP price falls as institutions prefer stablecoin RLUSD over XRP.

Market News
16 May 2026
24/7 Wall Street
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Bearish
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Ripple has secured ten major bank partnerships in 2026, including Deutsche Bank and JPMorgan, but XRP's price has dropped 41% since January. The reason is that most deals use Ripple's stablecoin RLUSD for settlements, which doesn't require XRP, limiting demand for the token. XRP is only used in Ripple's On-Demand Liquidity (ODL) service, which currently handles a minority of transactions. For XRP holders to benefit, ODL must expand into new markets, the U.S. CLARITY Act must pass to clarify XRP's legal status, and banks need to mandate XRP for settlements. These developments could boost XRP demand and price in the future.

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