Ripple’s latest acquisitions It has placed the company firmly at the heart of the US financial market, expanding its influence in the country and drawing attention to itself Ripple price. The new US-based spot brokerage company, Prime Minister rippledThis signals a pivotal moment not only for the Ripple ecosystem but also for the future of XRP. As analysts contemplate this groundbreaking launch, attention is turning to how this new development could redefine XRP’s role in institutional trading, liquidity, and settlement.
XRP price is in focus after the launch of Ripple Prime in the US
In a post on social media X on Monday, cryptocurrency analyst Pumpius said Announce Ripple Prime is officially in the US after recent events Acquisition of the hidden path In October. Through his speech Fired Ripple Prime, the cryptocurrency company, has officially entered the Wall Street arena, marking a bold move in major financial markets.
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With Ripple Prime, US institutional investors will be able to implement Instant over-the-counter (OTC) transactions. Across major digital assets and stablecoins, including XRP and… RLUSD For the first time. Pompeo stressed that this is not a pilot program or a limited rollout, but rather a large-scale institutional entry of Ripple into the US financial system and markets.
In addition, the analyst emphasized that Ripple Prime is designed to serve as a regulated infrastructure for financial intermediation, providing deep multi-asset liquidity and… Settlement on demand Powered by XRP and RLUSD. These features place XRP at the center of institutional trading, settlement, and liquidity pooling, he explained. Moreover, with this integration, the price of XRP, which is currently trading at $2.26, could expertise More upward pressureas continued demand beyond retail usage drives increased institutional adoption.
His ripple certain Through its official website, the new Ripple Prime will expand institutional access not only to digital assets but also to derivatives, swaps, fixed income instruments and more – all under one unified system. Additionally, Pumpius stated that Ripple Prime represents the “missing piece” of this Connects traditional capital markets with digital finance.
XRP is moving from retail currency to institutional asset
Crypto BD is also pending subscriber His thoughts on the newly launched Ripple Prime on According to him, Ripple Prime gives US institutional customers direct access to XRP through the same infrastructure used for foreign exchange and commodities.
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BD emphasized that with this new development, XRP is no longer just a “retail coin” but has become institutional money. This means that it is likely to attract XRP A new layer of demandwhich can support its price by creating more stable trading volumes and Stronger liquidity.
Notably, ripple Announce Ripple Prime US launched on Monday, November 3, via Chicago Mercantile Exchange (CME) futures contracts.and options.
Featured image created with Dall.E, chart from Tradingview.com
