In an interview on BFM Business, the director general of Ripple for the United Kingdom and Europe, Cassie Craddock, lifted the veil on how the blockchain company intends to weave the big XRP book in the Brokerage bonus fabric. Speaking of the acquisition of Hidden Road of $ 1.25 billion in Ripple, Craddock, confirmed that the next stablecoin of Rlusd to come, “will be used as guarantee”, a step which she said “which is essentially exciting”.
The role of the big book XRP
Craddock has developed that the whole post-trame battery of Hidden Road should migrate to the big XRP book. “The XRP LEDGER will be used as a post-trame for all the hidden pink prime brokerage services,” she said. With the purpose of the regulations on XRPL taking three to five seconds, the move promises to compress a post-exchange calendar which can extend at 24 hours on traditional rails. The hidden road treats more than 50 million transactions each day and erases more than $ 10 billion per day; The displacement of this charge towards XRPL represents one of the most ambitious real performance tests of the real world for the twelve -year blockchain of Ripple.
The executive stressed that the undulation of the captive institutional market acquires. Hidden Road erases approximately 3 billions of dollars per year in currencies, derivatives, fixed income securities and digital assets for more than 300 hedge funds, market manufacturers and owner negotiation companies. “We see that this captive audience of 300 institutional customers is a really interesting customer portfolio who will have and need a digital-besset infrastructure,” noted Craddock, adding that the group will have access to the existing Ripple payment and guard rails.
The same audience should benefit from the RUSD as a crossing. The Hidden Road model already allows customers to publish Bitcoin or US Treasury bills for foreign exchanges; The insertion of a stablecoin to completely dosed in this mixture opens the door to what Craddock called “bridging” between the classes of crypto and inherited assets. As part of the integration plan, Rlusd will natively travel to XRPL, allowing customers to promise capital and settle transactions in a single atomic workflow.
The commentator of Crypto eminent Cryptoeri underlined the operational angle in an article on X, summarizing that “the big book XRP will probably manage certain actual transactions (for example, adjusting the trades, the displacement of the RUSD guarantees) and the data (for example, register business details, reconcile the release data) for Hidden Road. She warned that more granular information should come from Ripple “and detectives on the big book”, but comments have echoed Ripple’s ambition to show the big book as a real -time compensation bus rather than a layer of passive settlement.
The acquisition of Ripple, announced on April 8, 2025, is still awaiting regulatory authorization. Hidden Road already connects to sites such as Coinbase International, Okx, Deribit, Bitfinex and Bullish, giving Ripple a distribution channel ready for Rlusd once the agreement ends. In the meantime, Craddock stressed that Ripple’s attention remains “the construction of use cases and the usefulness of digital assets and to activate and solve customers’ problems for our banking and institutional customers”.
At the time of the press, XRP exchanged $ 2.11.
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