Citing Bitcoin.com, Ripple is accelerating institutional adoption by positioning XRP and RLUSD as collateral for professional clients. The company, which acquired Hidden Road in a $1.25 billion deal, now operates Ripple Prime, a global multi-asset prime broker serving over 300 institutions and clearing $3 trillion annually. Senior executive Reece Merrick noted that XRP and RLUSD will be used to support broader access to multi-asset trading and clearing, signaling a major shift in crypto liquidity and market connectivity.
Ripple Expands Institutional Reach as XRP and RLUSD Move into Prime-Broker Collateral
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