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Ripple's RLUSD stablecoin market cap hits $1.56B amid major partnerships, but XRP price drops 40% in Q1 2026

Market News
01 Apr 2026
Benzinga
View Source
Bullish
pluang ai news

In Q1 2026, Ripple launched Ripple Treasury and saw RLUSD stablecoin's market cap grow to $1.56 billion, driven by partnerships with Deutsche Bank, Aviva Investors, and Mastercard. Despite these institutional wins and increased tokenization on the XRP Ledger, XRP's price fell 40% due to limited demand for XRP tokens, as many deals use Ripple's software without requiring XRP purchases. The growth of RLUSD, which settles in dollars, also reduced XRP's role as a bridge currency. Ripple continues expanding with new partnerships and tokenization efforts, signaling ongoing enterprise adoption.

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