Crypto commentator X Finance Bull has noted recent comments from Ripple Prime executive Mike Higgins as evidence that XRP is already being utilized within institutional financial infrastructure.
X Finance Bull’s tweet accompanied a Ripple Quarterly Webinar featuring Mike Higgins, International CEO of Ripple Prime, formerly Hidden Road, which Ripple acquired and rebranded.
Throughout the interview, Higgins outlined how Ripple Prime is expanding institutional access to digital assets through its prime brokerage, custody, payments, and stablecoin services.
During the discussion, Higgins explained that institutional clients increasingly require infrastructure capable of operating around the clock across multiple asset classes. He noted that Ripple Prime was designed to meet that demand by allowing institutions to access numerous trading venues through a single counterparty while benefiting from unified clearing and cross-margining.
BOOM! 🚨🚨🚨 $XRP is being used as collateral right now.
Mike Higgins from Ripple Prime confirmed it.
RLUSD and XRP backing real institutional positions.
The line between TradFi and digital assets is disappearing, and XRP is on the right side of it.
Still bearish? https://t.co/KXhGeSN1C2 pic.twitter.com/qe92Em4IjV
— X Finance Bull (@Xfinancebull) June 25, 2026
XRP Ledger and RLUSD Positioned Within Ripple’s Institutional Strategy
One of the central topics during the webinar was Ripple’s stablecoin, RLUSD, and its role within the firm’s institutional offering. Higgins stated that Ripple Prime is integrating RLUSD as both a settlement layer and a collateral asset across trading venues.
According to Higgins, stablecoins enable institutions to move collateral at any time, allowing them to meet margin requirements outside traditional banking hours. He said this capability supports continuous trading while improving capital efficiency and reducing the margin period of risk for market participants.
When discussing Ripple’s long-term strategy, Higgins also emphasized the importance of the XRP Ledger and XRP within the company’s institutional roadmap.
He added that Ripple views tokenization as a long-term trend, stating that the company believes assets of value will increasingly move onto blockchain infrastructure.
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Ripple Prime Reports Strong Institutional Growth
Beyond discussing technology, Higgins also shared several business updates. He revealed that Ripple Prime’s revenue has grown more than threefold since Ripple completed its acquisition of Hidden Road, attributing the increase to stronger client activity, new institutional customers, and Ripple’s expanded balance sheet.
The executive explained that the combination of prime brokerage, custody, payments infrastructure, and RLUSD allows Ripple to offer institutions what he described as a full-stack solution for accessing digital asset markets.
Higgins also noted that institutions are demanding broader market access across cryptocurrencies, derivatives, commodities, and traditional financial products through a single platform. Ripple Prime, he said, was built with modern infrastructure that enables it to integrate new trading venues and asset classes without rebuilding its underlying technology.
The comments highlighted by X Finance Bull have added to ongoing interest surrounding XRP’s evolving role within Ripple’s institutional ecosystem, particularly as the company continues to position XRP, RLUSD, and the XRP Ledger as key components of its long-term financial infrastructure strategy.
Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.
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