USA: Ripple Prime becomes a partner of the US Depository Trust & Clearing Corporation
- Ripple Prime was added to the NSCC registry, an achievement that effectively involves Ripple in the US post-trade infrastructure.
- This will not result in an immediate price boost for XRP, but that is not important in this case – the progress lies elsewhere.
By joining the National Securities Clearing Corporation (NSCC) register, Ripple Prime, formerly Hidden Road, meets the requirements to participate in US clearing. The NSCC register is a core part of the Depository Trust & Clearing Corporation DTCC.
It handles a large part of US securities trading. Inclusion in the directory means that Ripple Prime now has the same access as a classic broker. For a company with roots in the crypto sector, this is an unusually strong presence in traditional market infrastructure.
This clearly shows that Ripple Prime does not only operate as a crypto service provider, but is increasingly at home in both worlds, DeFi and TradFi.
Ripple Prime as a bridge between worlds
Ripple took over Hidden Road 2025 in order to embed a global prime broker into its own system. The aim is to enable institutional customers to carry out trading and post-trading processes via the XRP ledger.
Presence on the NSCC list is necessary to achieve this. It creates the basis for XRPL-based settlement to be directly linked to established clearing chains.
This creates a regulated access point through which banks can test and use digital assets, FX transactions and tokenized assets via XRPL. The combination of traditional market structure and XRPL technology is a core part of the Ripple strategy.
XRP in the institutional environment
There was no price reaction to this because the market is currently reacting to the much more influential global factors. However, the step is also relevant for the course in the medium and long term.
If Ripple Prime actually carries trading volumes over the XRPL, the demand for the network will increase. XRP serves as a liquidity asset in the XRPL system and benefits from any expansion of institutional use.
Image created with ChatGPT-AI (DALL E)
The NSCC listing also strengthens Ripple’s reputation in the area of RWA tokenization and international transactions. This makes XRPL an option for institutions for settlements that require high processing speed, transparency and programmability.
outlook
Inclusion on the NSCC list is not spectacular, but it is an advance that consolidates Ripple’s position in the institutional market segment. This creates an improved starting position for XRP for future applications.
The decisive factor will be whether Ripple Prime will soon have measurable volumes via the
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