DTCC Plan Names Other Networks as XRP Trades at $1.30

XRP traded at $1.30 early Tuesday as Ripple Prime’s place in a U.S. securities tokenization working group remained separate from the service’s announced networks and any stated use for the token. The quote was recorded at 1:07 a.m. ET on Oct. 20 (05:07 UTC). XRP had traded near $1.49 earlier in October. That observed price is distinct from the $1.49 level cited as a trader’s chart resistance in an earlier discussion of XRP resistance . The Depository Trust & Clearing Corporation (DTCC) listed Ripple Prime among more than 50 firms in its industry working group on May 4. The group is helping shape a service that would tokenize selected securities held at DTCC’s Depository Trust Company (DTC) subsidiary. Ripple Prime is Ripple’s prime brokerage business.

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