Will XRP Reach $10? Ripple’s Ledger to Power Post-Trade Systems of Prime Broker Hidden Road

The lines between decentralized finance and traditional finance continue to blur. Ripple's XRP Ledger (XRPL) is at the center of a new attempt to integrate blockchain into institutional trading.

In a significant move, Ripple Ripple Ripple was co-founded by Jed McCaleb and Chris Larsen and was debuted in 2012 as both a digital disbursement network and a pre-mined digital coin denoted as XRP. Possessing less market cap than both Bitcoin and Ethereum, Ripple ranks as the third-largest cryptocurrency.Its dual open-source and peer-to-peer (P2P) decentralized platform whose network is capable of working with any form of money such as GBP, Ethereum, Yen, etc. What is Ripple Used For? Known as a gateway, participants of Ripple may Ripple was co-founded by Jed McCaleb and Chris Larsen and was debuted in 2012 as both a digital disbursement network and a pre-mined digital coin denoted as XRP. Possessing less market cap than both Bitcoin and Ethereum, Ripple ranks as the third-largest cryptocurrency.Its dual open-source and peer-to-peer (P2P) decentralized platform whose network is capable of working with any form of money such as GBP, Ethereum, Yen, etc. What is Ripple Used For? Known as a gateway, participants of Ripple may Read this Term recently confirmed that XRPL will play a core role in powering Hidden Road's post-trade processes, marking a potential turning point for how trades are settled in prime brokerage.

"The #XRP Ledger will be used as post-trade for all of Hidden Roads' prime brokerage services."
- Cassie Craddock, @Ripple pic.twitter.com/3GoRFeDjGo

— 🌸Crypto Eri ~ Carpe Diem (@sentosumosaba) April 20, 2025

XRPL to Power $10B in Daily Transactions

Ripple's UK and Europe Managing Director, Cassie Craddock, has revealed that XRPL will manage the post-trade infrastructure for Hidden Road, a prime broker handling over $10 billion in daily cleared volume.

According to Craddock, the ledger will support trade settlement, data reconciliation, and collateral movements. This integration is expected to drastically cut settlement times, from the standard 24 hours to just 3 to 5 seconds.

Commenting on the usage, Craddock added, “We also see that there is an active audience of 300 institutional clients. We are very much focused on building our business, developing new cases and utility for digital assets, and enabling and solving customer problems for our banking and institutional customers.”

Ripple's RLUSD Stablecoin Gains Strategic Role

Beyond infrastructure, Ripple's RLUSD stablecoin Stablecoin Unlike other cryptocurrencies like Bitcoin and Ethereum, stablecoins are cryptocurrencies that have been designed to keep a stable value. Placing a greater emphasis on stability over volatility can be a huge draw for some investors. Many individuals can be turned off from large swings and uncertainty presented by cryptos relative to other traditional assets.Stablecoins control for this volatility by being pegged to another cryptocurrency, fiat money, or to exchange-traded commodities, including Unlike other cryptocurrencies like Bitcoin and Ethereum, stablecoins are cryptocurrencies that have been designed to keep a stable value. Placing a greater emphasis on stability over volatility can be a huge draw for some investors. Many individuals can be turned off from large swings and uncertainty presented by cryptos relative to other traditional assets.Stablecoins control for this volatility by being pegged to another cryptocurrency, fiat money, or to exchange-traded commodities, including Read this Term will serve as the core collateral for Hidden Road's trading services. Craddock confirmed this role, saying RLUSD enables the bridging of the digital asset space to TradFi, highlighting Ripple's broader ambition to integrate stable digital value into traditional financial ecosystems.

“The XRP Ledger will be used as post-trade for all of Hidden Road's Prime Brokerage Services,” Craddock mentioned. “We will use RLUSD as collateral to enable the bridging of digital assets to tradfi.”

As observers wait for more on-chain data and formal rollout timelines, the collaboration hints at how Ripple aims to navigate a post-lawsuit focused on speculation, more anchored in institutional-grade utility.

While Ripple gains institutional traction, XRP’s price paints a more complex picture. Trading at $2.11 with a daily gain of 3%, the token sits at a technical crossroads. Volume has jumped 43% to 2.29 billion in the last 24 hours.

Technically, XRP is trading at a key price resistance level of $2.12, according to TradingView data. Past this level, the next price resistance level is $2.62. The road to XRP reaching $10 depends on how fast Ripple Labs' offering is adopted by both institutional and retail users.