Hidden Road will use Ripple’s U.S. dollar-backed stablecoin, RLUSD, as collateral across its prime brokerage platform.
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Ripple to Acquire Prime Broker Hidden Road for $1.25B, Expanding Institutional Push
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Hidden Road will adopt Ripple’s U.S. dollar-backed stablecoin (RLUSD) as collateral across its prime brokerage services, making RLUSD the first stablecoin to enable efficient cross-margining between traditional and digital asset markets.
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