Ripple Prime has expanded its institutional strategy by integrating with EDX Markets, offering unified access to spot trading and perpetual futures through centralized clearing. Ripple USD (RLUSD) has been designated as the main settlement asset, sidelining XRP from the public-facing framework. RLUSD, a dollar-backed stablecoin, is positioned to meet institutional compliance demands, providing predictable settlement conditions and bridging traditional finance with digital assets.
The integration with EDX Markets, backed by major financial firms like Citadel Securities and Fidelity Investments, highlights RLUSD's role in Ripple's institutional expansion. The stablecoin's compliance-friendly nature makes it more suitable for regulated financial environments compared to XRP. Despite XRP's continued role in supporting liquidity and cross-asset transfers, RLUSD now leads Ripple's Wall Street-facing strategy, reflecting a shift towards stablecoin-based settlement systems in the broader crypto industry.
Ripple Integrates RLUSD for Wall Street Clearing, Excludes XRP
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