RLUSD-Backed Loans Go Live as Ripple Launches 24/7 Stock Trading for Institutions

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. With this move, institutional investors will now have access to continuous trading through Ripple Prime with the opportunity to use RLUSD as collateral for their positions. While the move positions RLUSD for broader adoption, it also expands its potential uses beyond payments and treasury operations.

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