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Ripple Acquires Hidden Road for $1.25 Billion, Launches Prime Brand

Guavy AI Editorial Team
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XRP LUSD
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Ripple has acquired Hidden Road for $1.25 billion and launched its new Prime brand.

The company's XRP token has remained relatively stable, trading at around $1.37 in August, up by about 24-25%.

Ripple Prime is integrating payment, storage, and financing services under a single corporate structure, including the RLUSD service.

The upcoming CLARITY Act vote on September 15 is expected to increase market volatility.

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