# NSCC İlgili Makaleler

Ripple's 'Backdoor' Access to the Heart of Wall Street: Is XRP's Spring Coming?

Ripple, through its institutional platform Ripple Prime (formerly Hidden Road), has been added to the participant list of the National Securities Clearing Corporation (NSCC), a subsidiary of the Depository Trust & Clearing Corporation (DTCC). This grants Ripple direct access to the core clearing and settlement infrastructure of Wall Street, marking a significant step toward mainstream financial integration. The move allows Ripple Prime to clear over-the-counter (OTC) trades for institutional clients through the NSCC’s central counterparty system, reducing counterparty risk and improving efficiency. Ripple acquired Hidden Road in 2025, gaining an established pipeline serving over 300 institutional clients with approximately $3 trillion in annual trading volume. The development has sparked speculation within the XRP community about the potential use of the XRP Ledger (XRPL) for settling institutional transactions. If even a fraction of the cleared assets were settled on XRPL, it could significantly increase network activity and demand for XRP, building on Ripple’s existing On-Demand Liquidity (ODL) solution. However, challenges remain, including regulatory hurdles, the need to build trust among traditional financial institutions, and competition from other blockchain projects. While this infrastructure upgrade may not cause immediate price movements, it positions XRP as a potential settlement layer for institutional assets, shifting its value proposition from a payment token to a foundational component in the convergence of crypto and traditional finance.

marsbit03/06 01:10