DAS Research released findings showing XRP's evolution beyond cryptocurrency status. The analysis confirms Ripple positions XRP as infrastructure for global payments. According to Drew on X, the research shows XRP and Ripple no longer compete in crypto. They target banking systems requiring speed and settlement certainty.
The study identifies three structural realities. XRP offers fast settlement and low costs. It functions as a neutral bridge asset. The distributed ledger provides institutional-grade reliability. These features drive enterprise adoption among organizations seeking predictable value transfer.
Stablecoins Join Forces Instead of Fighting
Ripple integrates stablecoins rather than opposing them. RLUSD serves as the fiat anchor. XRP provides liquidity and bridges connections between currencies. As tweeted on X, this pairing creates scaled settlement ecosystems. The dual-token strategy matches how institutional finance operates.
DAS Research highlights adoption drivers already forming. RippleNet partnerships continue expanding globally. RLUSD corridors open in new markets. Institutional custody solutions mature rapidly. ETF structures enter regulatory conversations.
Direct Bank Integration Remains Final Hurdle
On-chain banking usage lags behind other metrics. Ripple Prime, RLUSD, and ZK-enabled identity layers address this gap. Global licensing pushes target direct bank adoption. Drew noted on X that DAS essentially confirms the quiet strategy. XRP competes with existing payment systems, not other tokens.
The payment system shows signs of shifting. ODL processed $1.3 billion in payments during Q2 2025, according to DAS findings. Ripple partners with over 300 financial institutions. SBI Holdings, Santander, and Tranglo use RippleNet services.
Many partners rely on RippleNet's messaging rather than XRP settlement. Regulatory concerns and volatility slow on-chain adoption. The crypto-friendly Trump administration may accelerate regulatory clarity.
Network Activity Shifts Toward Institutions
Transaction patterns changed significantly over twelve months. Retail activity declined while institutional usage surged. Q3 2024 saw on-chain volume jump approximately 500%. Early 2025 data shows 2 million daily transactions. Roughly 75% settle under five seconds.
Ripple's stablecoin launch expands market reach. RLUSD custody at BNY Mellon targets institutional clients. The stablecoin market could reach $2 trillion by 2030. Hidden Road acquisition deepens institutional connections. The prime broker will support XRP Ledger settlement.
Regulatory improvements create favorable conditions. Years of uncertainty decreased recently. Ripple's strategic positioning emphasizes infrastructure over speculation. The competition focuses on legacy payment rails.
