- Ripple’s RLUSD unlocks 24/7 cross-margin trading across FX, crypto, and equities, bridging digital assets with traditional finance.
- RLUSD enables seamless capital movement and risk management using a single regulated stable asset backed by U.S. dollar reserves.
- Ripple targets Asian growth with RLUSD while Garlinghouse prepares to address U.S. lawmakers on crypto regulation and asset classification.
Ripple has confirmed that its U.S. dollar-backed stablecoin, RLUSD, will serve as collateral across all services at Hidden Road. RLUSD will now enable seamless cross-margin trading across markets such as FX, crypto, commodities, and equities. The announcement follows Ripple’s $1.25 billion acquisition of Hidden Road, a top-tier prime broker handling over $3 trillion in annual volume. RLUSD is the first stablecoin built for uninterrupted institutional trading. It offers zero downtime and complete collateral efficiency for both crypto-native and traditional clients.
Ripple’s Push Into Institutional Finance
Brad Garlinghouse, Ripple’s CEO, revealed this development during a press briefing in Singapore. Moreover, Ripple confirmed RLUSD’s infrastructure is backed by regulated U.S. dollar reserves. Consequently, institutions can manage margin and risk using a single stable asset. RLUSD is now set to reshape capital access across financial systems. Besides this, Hidden Road will shift its post-trade processes onto the XRP Ledger. This transition enables high-speed, low-cost settlements while cutting operational friction.
Additionally, Paul Barron verified this rollout via an X post, emphasizing the scale of RLUSD’s cross-market utility. Unlike traditional stablecoins, RLUSD allows institutional investors to move capital 24/7 between asset classes. Hence, this stablecoin isn’t just a settlement tool—it’s a financial bridge. This integration reduces complexity in managing collateral across diversified portfolios.
Global Strategy and Regulatory Momentum
Ripple’s expansion plan is also targeting Asia. Fiona Murray, Ripple’s Head of Asia-Pacific, highlighted Korea’s early phase in tokenization. However, she noted that Korean retail investors already show strong interest in assets like XRP. Consequently, Ripple sees Korea as a high-potential market for RLUSD adoption. Furthermore, Crypto Eri spotlighted this regional focus, citing South Korean outlet bloomingbit_io.
On July 9, Brad Garlinghouse will testify before the U.S. Senate Banking Committee. The hearing will cover new legislation aiming to classify crypto assets as either securities or commodities. This step could deliver regulatory clarity and align with Ripple’s broader compliance goals.
