Ripple has launched a stock trading service for institutional clients on its Ripple Prime platform, operating 24 hours a day, seven days a week. Institutional clients will be able to use Ripple USD (RLUSD), Ripple’s native stablecoin, as collateral for their positions. RLUSD-backed loans are now available, expanding the stablecoin’s use beyond payments and treasury operations. The offering is intended to help institutions manage trading positions and move capital more efficiently, although limited liquidity in continuous equity markets could hinder the execution of large orders.
Source: Read the original article
Disclaimer: this content is for information purposes only and is not financial advice. Cryptocurrencies are highly volatile: you may lose all of your capital. Always do your own research. Legal notice
