Ripple President Sees Bright Path Ahead For XRP

Ripple has finished its $1.25 billion purchase of Hidden Road and rebranded the firm as Ripple Prime, company leaders confirmed. According to executive remarks, the deal makes Ripple the first crypto company to own and run a global, multi-asset prime broker.

Related Reading

Ripple President Monica Long said on X that the “future ahead is mighty bright,” and reports show the company is already moving to use XRP in new ways inside the prime brokerage business.

Ripple Completes Hidden Road Deal

Based on reports, Ripple Prime began life on Hidden Road’s backbone, a platform known for fast growth among non-bank prime brokers. Since Ripple announced the acquisition in April, business at the unit has tripled in size.

Ripple Prime will offer services such as clearing, financing, and prime brokerage across asset classes, including FX, derivatives, swaps, and digital assets. Hidden Road’s founder, Marc Asch, will remain involved and work with CEO Brad Garlinghouse and other leaders as integration continues.

RLUSD Gains Institutional Footing

RLUSD, Ripple’s institutional stablecoin, is already being used as collateral across several prime brokerage products. According to company statements, some derivatives clients have chosen to hold balances in RLUSD rather than other currencies.

Reports also note that BNY Mellon acts as the primary reserve custodian for RLUSD. Blockchain analytics firm Bluechip gave RLUSD an A rating for stability, governance, and asset backing, a ranking Ripple cites as evidence of institutional trust.

XRPUSD currently trading at $2.54. Chart: TradingView

Ripple’s Acquisition Push Strengthens Infrastructure

Ripple has completed five major acquisitions in roughly two years, adding Metaco, Standard Custody, Rail, and GTreasury to its growing list of companies now working under its umbrella.

The moves aim to expand custody, payments, liquidity, and treasury capabilities. Based on company comments, Ripple sees these buys as steps toward offering institutions a broader set of services tied to digital assets and traditional markets.

Related Reading

Prime Brokerage Ambitions Grow

Ripple has said it will use blockchain tools to streamline operations at Ripple Prime and reduce costs. According to executive remarks, the plan is to mesh payments, custody solutions, and stablecoin utility with prime brokerage functions to increase adoption among institutional clients.

What This Means For XRP

Monica Long’s upbeat message came with concrete moves rather than just words. Reports show Ripple Prime’s expansion and RLUSD’s institutional traction could make XRP more useful to banks and asset managers.

Ripple CEO Brad Garlinghouse has repeatedly emphasized the company’s commitment to XRP, and Ripple’s latest steps put the token inside a wider set of services aimed at professional users.

XRP Price Update

Analysts and market watchers will be watching how quickly institutions adopt these new tools and whether XRP finds a steady, functional place in that ecosystem.

XRP has been moving quietly within a tight range lately, holding between $2.30 and $2.50. The broader crypto market has stayed calm, and the token continues to trade comfortably above $2.20, showing resilience despite muted activity.

According to crypto analysts, XRP’s quiet phase might not last long, pointing to a potential setup for a massive rally that could lift the coin far beyond its current zone — possibly reaching above $27 in the long run.

Featured image from Unsplash, chart from TradingView



Source link

Christian Encila

https://www.newsbtc.com/altcoin/the-best-is-yet-to-come-ripple-president-sees-bright-path-ahead-for-xrp/

2025-10-25 12:00:00

bitcoin
Bitcoin (BTC) $ 91,103.00 7.58%
ethereum
Ethereum (ETH) $ 3,001.92 9.62%
tether
Tether (USDT) $ 1.00 0.01%
xrp
XRP (XRP) $ 2.15 8.01%
bnb
BNB (BNB) $ 873.54 7.46%
solana
Solana (SOL) $ 139.76 12.52%
usd-coin
USDC (USDC) $ 0.999808 0.01%
tron
TRON (TRX) $ 0.28222 1.26%
staked-ether
Lido Staked Ether (STETH) $ 2,998.07 9.68%
dogecoin
Dogecoin (DOGE) $ 0.145698 9.85%
cardano
Cardano (ADA) $ 0.429607 14.90%
figure-heloc
Figure Heloc (FIGR_HELOC) $ 1.03 0.75%
whitebit
WhiteBIT Coin (WBT) $ 61.53 7.45%
wrapped-steth
Wrapped stETH (WSTETH) $ 3,660.69 9.73%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 90,842.00 7.71%
bitcoin-cash
Bitcoin Cash (BCH) $ 543.94 5.55%
wrapped-beacon-eth
Wrapped Beacon ETH (WBETH) $ 3,256.25 9.88%
usds
USDS (USDS) $ 0.999876 0.01%
chainlink
Chainlink (LINK) $ 13.27 12.46%
binance-bridged-usdt-bnb-smart-chain
Binance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 1.00 0.11%
hyperliquid
Hyperliquid (HYPE) $ 32.86 11.39%
leo-token
LEO Token (LEO) $ 9.30 5.52%
weth
WETH (WETH) $ 2,998.39 9.71%
stellar
Stellar (XLM) $ 0.250648 9.58%
wrapped-eeth
Wrapped eETH (WEETH) $ 3,245.28 9.69%
monero
Monero (XMR) $ 401.00 1.17%
ethena-usde
Ethena USDe (USDE) $ 0.999231 0.04%
coinbase-wrapped-btc
Coinbase Wrapped BTC (CBBTC) $ 91,000.00 7.32%
litecoin
Litecoin (LTC) $ 82.01 8.61%
hedera-hashgraph
Hedera (HBAR) $ 0.141608 7.83%
sui
Sui (SUI) $ 1.59 20.69%
avalanche-2
Avalanche (AVAX) $ 13.58 7.28%
zcash
Zcash (ZEC) $ 352.77 0.79%
shiba-inu
Shiba Inu (SHIB) $ 0.000008 7.49%
world-liberty-financial
World Liberty Financial (WLFI) $ 0.16181 4.47%
dai
Dai (DAI) $ 0.999309 0.00%
susds
sUSDS (SUSDS) $ 1.08 0.00%
crypto-com-chain
Cronos (CRO) $ 0.110094 10.66%
the-open-network
Toncoin (TON) $ 1.58 7.63%
paypal-usd
PayPal USD (PYUSD) $ 0.999784 0.02%
ethena-staked-usde
Ethena Staked USDe (SUSDE) $ 1.21 0.07%
usdt0
USDT0 (USDT0) $ 0.999726 0.02%
polkadot
Polkadot (DOT) $ 2.26 13.57%
uniswap
Uniswap (UNI) $ 5.91 6.83%
mantle
Mantle (MNT) $ 1.04 7.52%
aave
Aave (AAVE) $ 184.63 12.28%
canton-network
Canton (CC) $ 0.077746 2.56%
usd1-wlfi
USD1 (USD1) $ 0.999178 0.04%
bittensor
Bittensor (TAO) $ 282.59 9.89%
bitget-token
Bitget Token (BGB) $ 3.57 4.10%