Ripple processed ~$13T in payments last year — Garlinghouse rules out near-term IPO.

Brad Garlinghouse revealed that Ripple processed roughly $13 trillion in payments over the past year, a figure that underscores the network's growing role in institutional cross-border settlement. The scale puts Ripple in the conversation alongside traditional correspondent banking rails rather than just crypto-native payment projects.

Garlinghouse also confirmed there are no immediate IPO plans, signalling the company is comfortable operating privately while it continues to expand its payments footprint. For <a class="ticker-mention" href="/en-US/token/xrp">$XRP</a> holders, the volume milestone is a meaningful data point: real-world throughput at this scale is the kind of fundamental that institutional allocators track when evaluating network utility.