RLUSD-Backed Loans Go Live as Ripple Launches 24/7 Stock Trading for Institutions
Photo: U.Today
As Ripple continues to improve its services to better serve institutions across the globe, it has just announced a major development that has put its native stablecoin, RLUSD, in the spotlight. In a recent announcement shared today, the San Francisco blockchain firm has reportedly launched round-the-clock stock trading through its prime brokerage platform, Ripple Prime. Following the development, Ripple Prime will begin to allow institutional clients to trade stocks 24/7 while using Ripple USD (RLUSD) as collateral.
Source: U.Today
