Hidden Road and Bitnomial combination provides RLUSD full regulatory coverage for rollout.
Ripple seeks a national bank charter and a Fed Master account for RLUSD reserves.
Cross-margin trading makes RLUSD unique if execution matches the license setup.
CoinFund President Christopher Perkins has shared how Ripple’s Hidden Road acquisition creates a complete licensed framework for RLUSD stablecoin operations. His analysis identifies the combination of Hidden Road and Bitnomial as delivering immediate utility and distribution capabilities through assembled regulatory licenses.
The licensing structure includes Derivatives Clearing Organization (DCO), Designated Contract Market (DCM), Futures Commission Merchant (FCM), and Broker-Dealer authorizations. Perkins emphasizes that execution will determine the success of this regulatory foundation rather than the licensing framework itself.
Yes. On paper, @HiddenRoadHQ + @Bitnomial delivers instant utility and distribution for $RLUSD. All of the licenses are now assembled (DCO, DCM, FCM, Broker Dealer). It now comes down to execution.
— Christopher Perkins 
NYC (@perkinscr97) July 6, 2025
John E Deaton agreed with…
The post RLUSD Backed by DCO, DCM, FCM, Broker Licenses via Hidden Road, Bitnomial appeared first on Coin Edition.
