What's at stake: Payment firms are adding distribution partners to create networks for  stablecoin payments market. Supporting data: Thirty five percent of financial institutions said clients are asking for the ability to make payments using cryptocurrencies, according to American Banker's On-Chain Finance Report.Forward look: Standard Chartered CEO Bill Winters said all transactions will soon be processed on a blockchain. As interest in stablecoins increases, payment firms are looking for ways to support t ...

Today, crypto prices take a break from this week's sell-off. A panel of federal judges expressed doubts they should grant an appeal of Sam Bankman Freed's fraud conviction. And Brad Garlinghouse, the CEO of Ripple, breaks down the company's growth plans from the firm's Swell Conference in New York City.Welcome to CNBC's Crypto World. I'm Talia Kaplan. Major cryptocurrencies are getting some reprieve after the two-day selloff which brought Bitcoin below $100,000 for the first time in four months yesterday.As ...

Ripple is joining with Mastercard, WebBank, and Gemini to explore the use of its dollar-backed RLUSD stablecoin in settlement of fiat credit card transactions on the XRP Ledger, the firm announced on Wednesday.  Pending regulatory approvals, the partners aim to kickstart RLUSD onboarding in the coming months, followed by integration planning within the settlement processes of Mastercard and WebBank, the issuer of the Gemini Credit Card.  "Regulatory approval is a key part of this effort, and it’s something ...

Bitnomial, a Chicago-based derivatives exchange and clearinghouse regulated by the Commodity Futures Trading Commission (CFTC), has become the first U.S. registered derivatives clearing organization to accept stablecoins as margin collateral, the company said in a press release Tuesday. The firm announced support for Ripple USD (RLUSD) and XRP margin deposits on Tuesday, marking a new step in its expansion into digital asset-based collateral. The move builds on Bitnomial’s September 2025 launch of crypto ...

XRP Whales. Photo by BeInCrypto Ripple Labs has taken a significant step forward in its institutional-asset strategy with the launch of its US spot prime brokerage service, Ripple Prime.  Announced today, the offering enables US institutional clients to execute over-the-counter (OTC) spot trades in major digital assets, including XRP and RLUSD. Ripple Prime Broadens Market Access Less than two weeks ago, Ripple announced the $1.25 billion acquisition of multi-asset prime brokerage Hidden Road. Now opera ...

公司战略与业务拓展 - 公司通过收购Hidden Road并将其更名为Ripple Prime，在美国推出数字资产现货主经纪商服务，以扩大其机构业务版图 [1][2] - 此次收购于2025年10月完成，是公司成为数字资产机构客户一站式服务商的关键一步 [2] - 新平台Ripple Prime将结合公司的区块链专业知识和Hidden Road的成熟主经纪业务能力，覆盖外汇、数字资产、衍生品、掉期和固定收益等多种资产类别 [3] 产品与服务能力 - Ripple Prime为美国机构客户提供数十种领先加密货币的场外现货交易，包括XRP和与美元挂钩的稳定币RLUSD [2] - 平台提供跨保证金能力，允许客户在单一账户结构内管理场外现货、掉期以及CME期货和期权头寸 [4] - 场外现货执行功能的推出是对公司现有数字资产场外及清算衍生品服务套件的补充，旨在提供满足美国机构交易策略和需求的全面服务 [4] 行业影响与生态系统整合 - 公司进入美国主经纪业务标志着加密货币行业成熟化的一个里程碑，顺应了金融机构对受监管、透明且高效的数字资产服务日益增长的需求 [6] - 主经纪模式通过整合现货和衍生品市场，解决了加密货币行业机构面临的关键挑战——流动性分散和抵押品效率低下 [5] - Ripple Prime的基础设施建立在公司更广泛的生态系统之上，包括基于区块链的跨境支付网络Ripple Payments和为机构客户提供的安全资产存储解决方案Ripple Custody，两者均利用XRP和RLUSD来增强流动性、结算效率和合规性 [7]

公司业务拓展 - 公司通过其Ripple Prime服务开始让美国客户接入数十种加密货币的现货交易 [1] - 此次增加数字资产现货主经纪业务能力是继公司今年早些时候收购多资产主经纪商Hidden Road之后 [1] - 公司于4月宣布以12.5亿美元的价格收购Hidden Road平台 [1] 产品与服务细节 - Prime客户可交易“数十种最主流的数字资产”，包括XRP和公司于12月推出的稳定币RLUSD [2] - 根据CoinGecko数据，XRP和RLUSD在公告当日的市值分别为1420亿美元和10亿美元 [2] - 该服务使公司客户能够接触到比特币、以太坊和Solana等主流资产 [3] - 场外现货执行能力的推出补充了现有的场外及清算衍生品服务，为美国机构提供全面服务 [4] - 通过主经纪业务，机构还可进行外汇交易、贵金属交易，以及合成资产和场外互换交易 [5] - 主经纪业务还允许客户借入资金进行保证金交易，涉及衍生品和加密货币 [5] 战略整合与收购 - 公司CEO指出，Hidden Road等主经纪商已成为大型对冲基金、做市商等信赖的中介，公司自身也曾是其客户多年 [5] - 收购后，Hidden Road将使用XRP账本清算部分交易，并推动RLUSD在不同市场和交易策略中作为抵押品的应用 [6] - 公司适应更有利的监管环境，在过去约两年内进行了“5项重大收购”，涉及托管、企业财资管理等领域 [7]

Ripple launched digital asset spot prime brokerage capabilities for US institutional clients on Nov. 3, 2025. The service allows clients to execute over-the-counter spot transactions across dozens of digital assets. The launch represents the first major integration following Ripple’s $1.25 billion acquisition of prime broker Hidden Road, according to a company announcement. The acquired firm has been rebranded as Ripple Prime. The transaction was completed in October 2025. US institutional clients can now ...

公司战略与业务拓展 - Ripple在美国为机构客户推出数字资产现货主经纪商业务，这是公司在收购Hidden Road后向更广泛金融服务领域扩张的重要一步 [1] - 新平台Ripple Prime提供数十种主要数字资产的场外现货交易，包括XRP和RLUSD稳定币，并集成了衍生品、互换、固定收益和外汇产品 [2] - 此次扩张使Ripple的机构加密服务覆盖支付、托管和交易，Ripple Prime与Ripple Payments和Ripple Custody共同构成服务矩阵 [4] 产品与服务细节 - Ripple Prime的场外现货执行能力与现有的场外及清算衍生品服务形成互补，旨在为美国机构提供全面的交易解决方案 [3] - 美国客户可以将场外现货头寸与互换以及CME上市的期货和期权进行交叉保证金，为机构管理数字资产组合提供更大灵活性 [4] - 公司的原生加密资产XRP和RLUSD被整合到各项服务中，以增强流动性并简化机构参与者的结算流程 [5] 市场表现 - 在消息发布时，Ripple的XRP代币下跌4%，交易价格约为2.425美元 [5]

XRP价格表现与短期前景 - XRP价格在今年内涨幅超过400% [2] - 监管不确定性消除为Ripple公司带来积极影响 [2] - 公司正在申请国家银行牌照 若获批将增强投资者信心 [2] - 短期价格可能继续上涨但长期持续性存疑 [2][6] Ripple业务模式与XRP需求关系 - 市场对XRP的看涨论点基于银行采用率提升 [3] - 核心误解在于认为银行需持有XRP才能使用Ripple技术 [3] - RippleNet产品无需银行接触XRP即可正常运作 [4] - 按需流动性(ODL)产品虽使用XRP作为桥接资产 但仍是利基解决方案 [4] - 主要大型银行未广泛采用ODL 严重限制对XRP的实际需求 [4] 稳定币战略对XRP的潜在影响 - Ripple公司以2亿美元收购稳定币支付公司 [5] - 国家银行牌照申请表明公司可能将稳定币作为核心焦点 [5] - RLUSD稳定币可能侵蚀XRP在ODL交易中的桥接资产需求 [5] - 新稳定币可能成为ODL交易中更受欢迎的桥接资产 [5] 行业投资机会比较 - The Motley Fool Stock Advisor团队推荐的10支股票未包含XRP [7] - 历史推荐案例显示显著回报：2004年投资Netflix 1000美元可获得603,392美元 [8] - 2005年投资Nvidia 1000美元可获得1,241,236美元 [8] - Stock Advisor服务总平均回报率达1072% 远超标普500指数的194% [8]