Ripple Labs signed five major partnerships in February alone and grew RLUSD stablecoin to $1.56 billion market cap, yet XRP (CRYPTO: XRP) still crashed 40% from $2.40 to $1.35 as institutional deals failed to translate into token demand. The January Launch Ripple unveiled Ripple Treasury on January 30, an enterprise platform born from its $1 billion acquisition of Chicago-based GTreasury.