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XRP Price If Ripple Uses XRP to Handle Hidden Road's Transaction

XRP Price If Ripple Uses XRP to Handle Hidden Road's TransactionCoin Gape1 min read
XRP Price If Ripple Uses XRP to Handle Hidden Road's Transaction
Ripple’s acquisition of Hidden Road gives it access to FICC that clears roughly $11 trillion in volume daily. With the SEC’s recent change to how these entities handle clearing and settlement, Ripple’s blockchain, its token and recently introduced RLUSD stablecoin are in the spotlight. If XRP captures a portion of this $11 trillion daily volume, will it impact its price? If so, by how much? Let’s explore. Ripple’s Hidden Road Acquisition: A Game-Changer for XRP? Ripple’s recently acquired Hidden Road, a prime brokerage firm, is now part of the Fixed Income Clearing Corporation (FICC). Uncovered by a community member, Matthew, this development has sent shockwaves through the crypto markets, especially Ripple enthusiasts. With $11 trillion in daily clearing volume processed by the FICC’s Government Securities Division (GSD) in 2025, the big question is – could this institutional demand push the token to $20 or higher?          ... Read More at Coingape.com

The post XRP Price If Ripple Uses XRP to Handle Hidden Road’s Transaction appeared first on CoinGape.

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