Crypto
Ripple Prime Launches RLUSD-Based Trading Platform in Indonesia
Ripple Prime has launched a new Delta One desk that allows for total return swaps using the RLUSD stablecoin, marking a significant shift away from its XRP token.
This development is part of Ripple's efforts to expand its presence in Indonesia and cater to institutional investors' demands for more flexible investment products.
The Delta One desk enables clients to gain exposure to various asset classes, including US stocks, ETFs, options, Indonesian stocks, crypto assets, digital financial asset derivatives, mutual funds, and gold.