Cassie Craddock, General Manager of Ripple UK and Europe, confirmed that the XRP Ledger (XRPL) will play a pivotal role in Hidden Road's post-trade infrastructure.
Ripple recently acquired the prime brokerage for just over $1.2 billion. In a statement, Craddock revealed that RLUSD, Ripple's stablecoin, will serve as collateral. This will enable a seamless connection between digital assets and traditional finance (TradFi).
In parallel, Craddock stated that XRPL will support all of Hidden Road's post-trade services related to prime brokerage.
Translate post
