RLUSD-Backed Loans Go Live as Ripple Launches 24/7 Stock Trading for Institutions
AI summary
Ripple's prime brokerage platform has launched 24/7 stock trading for institutional clients and is now offering loans backed by its RLUSD stablecoin. The move expands Ripple's institutional footprint beyond crypto settlement into round-the-clock equities access. Traders would watch this as a sign of growing utility and demand for RLUSD and the broader XRP ecosystem, though the direct price impact is likely modest until adoption metrics emerge.
