CME Group executive highlights XRP's real-world utility for fast transaction speeds and scalability, attracting institutional and retail traders.
CME Group launches XRP futures contracts and Wyoming LLCs gain access to institutional XRP lending to preserve long-term positions.
XRP's strength lies in its speed and liquidity, as mentioned by CME executive Tim McCourt, emphasizing its high trading volume and reliability for cross-border payments.
CME Group aims to boost confidence and institutional involvement in XRP with the introduction of regulated futures contracts, providing necessary infrastructure for market players.