Ripple is constantly doing various stuff to improve its position in the financial markets. Pro-XRP lawyer John E. Deaton just pointed out a few in his recent tweet.
Ripple spent $1.25 billion to buy Hidden Road, a major broker that handles over $3 trillion each year for more than 300 financial institutions. This deal shows how traditional finance and blockchain are coming together. Hidden Road now uses the XRP Ledger for settling trades.
This cuts settlement times from 24 hours down to just 3-5 seconds. The change shows how blockchain can make old financial systems work much better.
What you'll learn 👉
Building a Complete Financial System
Ripple’s new stablecoin, RLUSD, will do more than just handle payments. It will serve as collateral for transactions across both old and new financial systems. This helps money move smoothly between digital and traditional finance.
Ripple isn’t just focusing on payments anymore. They bought custody companies like Metaco and Standard Custody as part of a bigger plan. Now they offer “Ripple Custody,” which combines safe storage, stablecoin solutions, and payment services. This makes it simple for banks to use blockchain without dealing with multiple companies.
I agree with Chamath. I also believe @Ripple’s $1.25 billion acquisition of Hidden Road as possibly the best example of the convergence of TradFi and DeFi in all of crypto.
— John E Deaton (@JohnEDeaton1) April 28, 2025
Hidden Road, a prime brokerage firm handling over $3T annually across 300+ institutional clients, now… https://t.co/yOJCE7zftk
The custody market is growing fast and could hold more than $16 trillion in assets by 2030. Ripple is moving quickly to become a leader in this space, especially for digital versions of traditional assets.
The Long-Term Vision
Ripple wants to help banks turn regular assets like stocks, bonds, and real estate into digital tokens on the XRP Ledger. Their RLUSD stablecoin would help make these transactions smooth and fast. If this works, the XRP Ledger could become a worldwide platform for all kinds of assets, not just cryptocurrency.
CEO Brad Garlinghouse seems to be making up for time lost during Ripple’s fight with the SEC. Ripple isn’t just recovering – it’s trying to jump ahead of competitors by building complete solutions for big financial institutions to adopt blockchain technology.
Through these steps, Ripple is becoming more than just a crypto company. It’s trying to become a leader in combining traditional finance with blockchain at a large scale. This is Ripple’s clearest move yet toward building the financial systems of the future.
Read also: Trader Predicts XRP Price Will Hit $5 Soon – Here’s the Chart Behind the Call
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