Ripple Prime CEO Mike Higgins announced that XRP will be increasingly used as collateral in institutional finance, alongside Bitcoin, Ethereum, stablecoins, and tokenized money market funds. Speaking on a podcast, Higgins emphasized the shift towards traditional financial structures, where institutions prefer using custodians and third-party systems for asset security, avoiding direct exchange storage. This evolution allows XRP to meet trading, liquidity, and margin requirements, enhancing its utility beyond speculation. Higgins also discussed the broader trend of tokenization in finance, predicting a future where tokenized assets facilitate instant settlements and real-time transactions. He highlighted Ripple's RLUSD stablecoin as a tool for improving capital efficiency, enabling immediate collateral fulfillment and reducing risk. Ripple's acquisition of Hidden Road, now Ripple Prime, supports cross-margin trading across various markets, underscoring the need for robust infrastructure in institutional crypto trading.