Analyst highlights XRP as only true asset amid Ripple Prime’s collateral options

Crypto analyst Dark Defender has claimed that XRP stands out as the only real asset among the collateral choices accepted by Ripple Prime, a financial platform by Ripple that caters to institutional clients. While Ripple Prime accepts a variety of assets as collateral, including U.S. Treasuries, gold, and a suite of stablecoins such as RLUSD, with RLEUR, RLJPY, and RLGBP planned for future support, Dark Defender argues that these options differ substantially in nature. According to Dark Defender, every stablecoin listed by Ripple Prime represents a liability, as each one is a claim on underlying reserves held by a separate entity. In contrast, XRP is not tied to any issuer or dependent on reserves stored with a counterparty.

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