Will XRP Reach $10? Ripple’s Ledger to Power Post-Trade Systems of Prime Broker Hidden Road
The lines between decentralized finance and traditional finance continue to blur now, Ripple's XRP Ledger (XRPL) is at the center of a new attempt to integrate blockchain into the heart of institutional trading.
In a significant move, Ripple confirmed that XRPL will play a core role in powering Hidden Road's post-trade processes, marking a potential turning point for how trades are settled in prime brokerage.
"The XRP Ledger will be used as post-trade for all of Hidden Road's Prime Brokerage Services," Craddock mentioned. "We will use RLUSD as collateral to enable the bridging of digital assets to tradfi.
"The #XRP Ledger will be used as post-trade for all of Hidden Roads' prime brokerage services."
— 🌸Crypto Eri ~ Carpe Diem (@sentosumosaba) April 20, 2025
- Cassie Craddock, @Ripple pic.twitter.com/3GoRFeDjGo
XRPL to Power $10B in Daily Transactions
Ripple's UK and Europe Managing Director, Cassie Craddock, recently revealed that XRPL will manage the post-trade infrastructure for Hidden Road, a prime broker handling over $10 billion in daily cleared volume.
According to Craddock, the ledger will support trade settlement, data reconciliation, and collateral movements. This integration is expected to drastically cut settlement times, from the standard 24 hours to just 3 to 5 seconds.
Commenting on the usage, Craddock added, "We also see that there is an active audience of 300 institutional clients. We are very much focused on building our business, developing new cases and utility for digital assets, and enabling and solving customer problems for our banking and institutional customers."
Ripple's RLUSD Stablecoin Gains Strategic Role
Beyond infrastructure, Ripple's RLUSD stablecoin will serve as the core collateral for Hidden Road's trading services. Craddock confirmed this role, saying RLUSD enables the "bridging of the digital asset space to TradFi," highlighting Ripple's broader ambition to integrate stable digital value into traditional financial ecosystems.
As observers wait for more on-chain data and formal rollout timelines, the collaboration hints at how Ripple aims to navigate a post-lawsuit focused on speculation, more anchored in institutional-grade utility.
Expect ongoing updates as this story evolves.