【Blockchain Rhythm】Another major move. On January 15, Ripple and LMAX Group announced a multi-year strategic partnership, with the former committing $150 million in funding to support the latter’s cross-asset growth plans.
The key highlight is that LMAX Group will introduce Ripple USD (RLUSD), a stablecoin, into its global institutional trading system. Simply put, major players like banks, brokers, and buy-side institutions will be able to use RLUSD as collateral and settlement currency for spot crypto trading, perpetual contracts, CFDs, and some fiat trading pairs.
What’s interesting about this is—RLUSD is becoming a bridge between traditional trading infrastructure and on-chain settlement. As more institutional exchanges start replacing fiat with stablecoins to enhance collateral liquidity and enable 24/7 seamless trading, the role of stablecoins is evolving from a “payment tool” to “financial infrastructure.” LMAX has also launched an isolated wallet mechanism, allowing clients to flexibly allocate collateral across different asset classes within its ecosystem.
The deeper logic behind Ripple’s funding is clear—it aims to promote the true integration of traditional capital markets and digital capital markets. Rather than just a simple business partnership, it’s more like testing how high the ceiling for stablecoin applications at the institutional level can go.
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InscriptionGriller
· 01-15 15:07
Oh, here comes a new trick to cut leeks again, throwing 150 million just to stuff RLUSD into institutional hands.
Ripple, this old fox, really knows how to play. On one hand, regulation and settlement; on the other, pouring money into expansion. The eternal magic of fundraising is still ongoing.
The king of capital pool competition—who the hell said stablecoins have no speculative value?
Wait, can RLUSD become a new collateral? Then how did all those clone stablecoins die before? Are we going to repeat the same mistake?
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AirdropHunterXiao
· 01-15 14:48
$150 million invested, Ripple is really aiming to expand in the institutional market.
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Is LMAX using RLUSD to compete for Tether's market share...
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This partnership looks quite deep; a multi-year strategic cooperation is not just short-term hype.
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A new collateral option for institutions? It feels like the XRP ecosystem is gradually changing.
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Another financial giant on board, Ripple's layout is quite extensive.
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$150 million has really been invested, or is this just another PR stunt?
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If this trend continues, RLUSD might really start competing with mainstream stablecoins.
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Cross-asset growth... just trying to attract institutional money, haha.
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Now Ripple's influence in the institutional sector has increased again.
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HackerWhoCares
· 01-15 14:44
Ripple is about to spend more money. What new tricks will they come up with this time? LMAX Group has secured 150 million, feeling like another partnership for hype.
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NFTRegretful
· 01-15 14:43
Ripple's move this time is quite something. Dropping 150 million just to get rUSD onto institutional exchanges... This is playing a big game.
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ForkTrooper
· 01-15 14:41
Ripple is throwing money again, this time planning to use RLUSD to do institutional business.
$150 million support, RLUSD becomes a new collateral for institutional trading
【Blockchain Rhythm】Another major move. On January 15, Ripple and LMAX Group announced a multi-year strategic partnership, with the former committing $150 million in funding to support the latter’s cross-asset growth plans.
The key highlight is that LMAX Group will introduce Ripple USD (RLUSD), a stablecoin, into its global institutional trading system. Simply put, major players like banks, brokers, and buy-side institutions will be able to use RLUSD as collateral and settlement currency for spot crypto trading, perpetual contracts, CFDs, and some fiat trading pairs.
What’s interesting about this is—RLUSD is becoming a bridge between traditional trading infrastructure and on-chain settlement. As more institutional exchanges start replacing fiat with stablecoins to enhance collateral liquidity and enable 24/7 seamless trading, the role of stablecoins is evolving from a “payment tool” to “financial infrastructure.” LMAX has also launched an isolated wallet mechanism, allowing clients to flexibly allocate collateral across different asset classes within its ecosystem.
The deeper logic behind Ripple’s funding is clear—it aims to promote the true integration of traditional capital markets and digital capital markets. Rather than just a simple business partnership, it’s more like testing how high the ceiling for stablecoin applications at the institutional level can go.