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Ripple Prime launches weekend trading service with RLUSD collateral, XRP's role remains uncertain.

Market News
05 Nov 2026, 17:32 WIB
Dailycoin
View Source
Neutral
Ripple Prime launches weekend trading service with RLUSD collateral, XRP's role remains uncertain.

Ripple Prime has introduced a weekend trading service offering institutions exposure to over 100 markets including stocks, indices, ETFs, metals, energy, and currencies. The service uses RLUSD, Ripple's dollar stablecoin, as collateral but does not involve direct ownership of underlying assets or weekend stock exchange operations. While XRP is not explicitly used for settlement, its potential utility lies in lending services, XRP Ledger activity, and cross-currency transfers. The development could broaden demand for Ripple's infrastructure, though XRP's role remains conditional and unconfirmed.

XRP is currently priced at Rp22.642 on Pluang, showing a 5.20% decline in the last day. As of Nov 05, 2026 22:52 WIB, the market cap stands at Rp1.487,51 trillion with a 69% sell order activity, indicating cautious sentiment among traders.

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