Ripple Prime: A New Era for Corporate Trade and Finance

Ripple Acquires Hidden Road and Launches Ripple Prime

Ripple has acquired the company Hidden Road, rebranding this business unit as Ripple Prime. This new structure stands out as a trading and financing hub, particularly for institutional investors.

Institutional Services Have Tripled

Since the launch of Ripple Prime, it has been reported that the transaction volume has tripled. Currently, more than 300 institutions are benefiting from Ripple Prime's services. With this facility, it is stated that more than $3 trillion worth of transactions have been settled.

New Opportunities with Stablecoin RLUSD

Ripple plans to use the RLUSD stablecoin as collateral for some of its clients. It is noted that this new unit aims to expand Ripple's role further.