Ripple Managing Director for the UK and Europe, Cassie Craddock, has confirmed that the XRP Ledger (XRPL) will play a central function in Hidden Street’s post-trade infrastructure.
Recall that Ripple just lately acquired the prime brokerage agency for simply over $1.2 billion. In a assertion, Craddock revealed that RLUSD—the Ripple stablecoin—will function collateral. This can allow seamless bridging between digital belongings and conventional finance (TradFi).
In parallel, Craddock acknowledged that the XRPL will energy all of Hidden Street’s post-trade providers associated to prime brokerage.
Beforehand, Hidden Street had disclosed its intention to transition post-trade operations to XRPL to scale back prices and improve settlement effectivity. Ripple executives famous throughout the acquisition announcement that Hidden Street processes $3 trillion in annual transaction quantity.
Nevertheless, this huge quantity at the moment suffers from delayed settlement instances and the inefficiencies of conventional fee programs. Ripple is seeking to resolve these points with the XRPL integration.
The agency believes this shift will additional spotlight XRPL’s capabilities as a blockchain designed for institutional DeFi functions.
300 Institutional Shoppers Achieve Entry to Ripple’s Digital Infrastructure
Craddock additionally emphasised that Hidden Street brings a portfolio of 300 institutional shoppers. With the acquisition, Ripple is positioning itself to fulfill the rising demand for scalable, enterprise-grade digital asset options.
Based on Craddock, this consumer base represents a “captive viewers” with a transparent want for infrastructure like Ripple’s custody and fee instruments.
“These clients will have the ability to benefit from our options,” she added. “We’re targeted on fixing actual issues for banking and institutional shoppers whereas persevering with to construct use instances and utility for digital belongings.”
What Does “Put up-Commerce on XRP Ledger” Imply for XRP?
Following Craddock’s disclosure, some within the XRP neighborhood raised questions on what post-trade exercise on XRPL entails and the way it might influence the XRP token.
Crypto Eri, a widely known determine within the XRP neighborhood, helped make clear. She defined that the XRPL would deal with the settlement of trades and motion of RLUSD collateral. It could additionally handle>
In abstract, the XRP Ledger will in all probability deal with some precise transactions (e.g., settling trades, shifting RLUSD collateral) and knowledge (e.g., recording commerce particulars, reconciling clearing knowledge) for Hidden Street’s post-trade processes. We must depend on extra updates from Ripple,…
— 🌸Crypto Eri ~ Carpe Diem (@sentosumosaba) April 20, 2025
In the meantime, hypothesis is rising round how Hidden Street’s transaction quantity may affect XRP’s worth.
An AI evaluation from Grok modeled a state of affairs wherein XRPL processes the total $3 trillion in quantity utilizing XRP as a bridge asset. The mannequin projected a possible XRP worth of $28.55, representing a 13x enhance from present ranges.
Nevertheless, this forecast depends on extremely optimistic assumptions that will not replicate precise real-world adoption.
