$XRP Been watching this Ripple $XRP and Hyperliquid $HYPE integration closely 👇
Ripple Prime connecting with Hyperliquid is a bigger deal than most realize.
Here's the context.
Hyperliquid owns 70% of the on-chain derivatives market. $150-180 million in daily XRP volume. $55 million in open interest. It's where serious traders execute.
Now institutions can access that liquidity through Ripple Prime.
What this means for XRP
Institutional participation grows. Hedge funds and asset managers need deep liquidity to trade at scale. This provides it through a regulated prime broker.
Market efficiency improves. High liquidity means lower slippage and tighter spreads. That attracts more capital, which adds more liquidity. Flywheel effect.
XRP's DeFi footprint expands. Being a top-traded asset on the largest perps platform reinforces its position across the derivatives ecosystem.
Price discovery gets cleaner. More trading volume brings more transparency. Less room for manipulation.
Luke Judges explained it well. Hyperliquid unlocks deep XRP liquidity for institutions. Fast access. Reliable execution. Major venue.
This is what building an ecosystem looks like. Payments. Stablecoins. Treasury. Prime brokerage. Derivatives.
All roads leading to $XRP liquidity. Those paying attention see the picture forming.
MASTERCARD CEO MICHAEL MIEBACH SAYS THE COMPANY IS SHIFTING FROM PILOT TO REAL-WORLD EXECUTION WITH RIPPLE, EXPANDING BLOCKCHAIN-BASED SETTLEMENT CAPABILITIES! 💳
The Moscow Exchange (MOEX) is set to introduce cash-settled futures contracts for SOL, #XRP, and TRX, expanding its current offerings of BTC and ETH products! 🇷🇺
They've got it backwards. RLUSD is designed to amplify XRP, not replace it.
Every RLUSD transaction on XRPL pays a fee in XRP. That fee gets burned. More stablecoin activity means more XRP demand at the base layer.
RLUSD handles the enterprise use case. Regulated. Fully backed. Built for institutions that need USD-denominated payments.
XRP handles liquidity and bridging between assets.
Different tools. Same ecosystem. Both driving value to XRPL.
Payments can route through either depending on efficiency. Fiat tokenizes into stablecoins or converts to XRP. Cross-border settlement happens in seconds.
And as RLUSD expands multichain? Every integration pulls liquidity back to Ripple's ecosystem.
More chains. More volume. More XRP utility.
Ripple didn't launch RLUSD to sideline XRP. They launched it to expand what XRPL can do for enterprises.
The stablecoin feeds the network. The network runs on XRP. That's the design.