Institutions Are Using XRP As Collateral, Says Ripple Prime CEO
Ripple Prime is pitching XRP not simply as a traded asset, however as working collateral inside institutional market construction. In a March 17 interview with Jake Claver, worldwide CEO Mike Higgins mentioned Ripple’s acquisition of Hidden Road, now rebranded as Ripple Prime, is designed to convey prime brokerage, clearing, custody and treasury features right into…
