Ripple’s New Whitepaper Shows What’s Coming For XRP
Ripple's new whitepaper outlines plans to expand XRP's utility beyond payments into institutional trading infrastructure through its Prime Broker model. This model aims to streamline institutional access to crypto markets by leveraging the XRP Ledger (XRPL) for early settlement via on-chain credit lines. The recently activated Permissioned DEX on XRPL enables regulated trading with KYC/AML controls. Additionally, Ripple announced its institutional clients now have access to regulated crypto derivatives, including XRP, Bitcoin, Ethereum, and Solana futures, on Coinbase Derivatives through its Ripple Prime platform. While these developments may boost long-term demand for XRP, the token's price saw a slight decline, trading around $1.40 at the time of writing.
bitcoinist03/06 23:33
