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Ripple’s Cassie Craddock revealed plans to integrate XRP into Hidden Road’s brokerage services. The upcoming Rlusd stablecoin will be used as collateral. Exciting developments! 🚀
Hidden Road’s post-trade processes will migrate to the XRP ledger, potentially reducing settlement times from 24 hours to seconds. This move aims to test XRP’s capabilities in real-world scenarios, processing millions of transactions daily. 💰
Ripple aims to integrate Hidden Road’s 300 institutional clients, offering digital asset infrastructure. Rlusd will facilitate “bridging” between crypto and traditional assets. 🌉
Regulatory approval is pending for Ripple’s acquisition of Hidden Road. Ripple focuses on building use cases for digital assets. At press time, XRP traded at $2.11. 📈
post url: https://altcoin.observer/ripple-exec-reveals-the-role-of-xrp-ledger-in-hidden-road-deal/
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