This will make RLUSD the first stablecoin to enable efficient cross-margining between the digital asset space and traditional markets.
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Ripple acquires crypto-friendly prime broker Hidden Road for $1.25B
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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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