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Ripple Exec Reveals XRP Ledger’s Role In Hidden Road Deal

  • Ripple's Managing Director revealed that the XRP Ledger will be incorporated into prime brokerage services.
  • Hidden Road's post-trade services will migrate onto the XRP Ledger, enabling faster settlement and reducing post-trade time from 24 hours to seconds.
  • Ripple will acquire a captive institutional market with Hidden Road, giving them access to over 300 institutional customers.
  • The forthcoming Ripple stablecoin, RLUSD, will be used as collateral and enable bridging between crypto and traditional asset classes.

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