XRP debuts on BitPay Wallet as volume tops $13.5 billion

XRP went live on BitPay's self-custody wallet Aug. 21, letting millions buy, sell, swap and spend the token as 24-hour volume topped $13.5 billion.

XRP traded at $1.38 with a market capitalization of about $86.69 billion as of Aug. 21, according to CoinGecko data, with 24-hour trading volume exceeding $13 billion.

BitPay's integration lets users in supported regions hold XRP while retaining control of their private keys, expanding the token's reach beyond traditional exchanges into a payments ecosystem with millions of users. The listing follows a 20 percent jump in XRP past $1.40 on optimism over potential U.S. crypto regulation and whale accumulation of more than 300 million tokens, while Binance derivatives funding rates reached their highest since October 2025, according to Coinglass data.

The rally that preceded the listing followed a meeting between President Trump and Ripple executives, fueling expectations of clearer U.S. crypto rules. XRP's surge past $1.40 came as large holders accumulated more than 300 million tokens, a sign of conviction among whales.

The wallet integration gives XRP a direct retail distribution channel at a time when Ripple expects to more than double annual revenue by 2026, CEO Brad Garlinghouse said, as the company integrates artificial intelligence across its operations. Ripple, which employs about 1,500 people with 94 open roles, is betting on the token's growing role in payments, trading and institutional finance.

The BitPay listing is the latest in a series of distribution deals broadening XRP's accessibility. Cash App, the payments platform owned by Block, added ether, Solana and XRP through a MoonPay integration in August, letting eligible U.S. users fund external wallets including Ledger, BitPay, Trust Wallet and MetaMask.

The distribution push gives XRP a retail on-ramp at a moment of rising institutional interest. The token's 24-hour volume of more than $13 billion reflects growing market participation, and the BitPay and Cash App integrations position XRP for broader mainstream use in payments and trading, according to the companies.

This article is for informational purposes only and does not constitute investment advice.