XRP price at $1.3385, Ripple Prime opens 100 markets around the clock: the collateral is RLUSD

The information provided in this article is for informational purposes only and does not constitute financial advice. Cryptocurrency investments carry a high degree of risk. Always conduct your own research.XRP stands at $1.3385 on Thursday evening after falling as low as $1.2827 in the morning. Ripple is opening perpetual swap trading on more than 100 reference assets, but the collateral posted there is the stablecoin RLUSD.XRP trades at $1.3385 on Thursday evening, and the day's most important headline is not about the coin but about the stablecoin standing next to it. On October 15, Ripple opened trading in perpetual swaps on more than 100 real-world reference assets to institutional clients. The collateral posted there is RLUSD. XRP does not appear in that structure at all. For investors in Europe, that is the real question of the day: Ripple keeps winning business, while the coin has been stuck below the $1.40 zone since October 12. This article works out which part of Ripple's business actually creates demand for XRP, where the day's reliable levels sit, and what the holding period, leverage and purchase route make of all this. XRP price today: $1.3385 after a session low of ...