gilmerg/DefiGeeks
@gilmerg
๐ข Thread: Ripple and Hidden Road Launch OTC Crypto Swaps! ๐ 1/ Ripple, in partnership with Hidden Road, has launched over-the-counter (OTC) crypto swaps with fiat settlement for institutional clients in the US! A big step for the crypto market. Letโs break it down! ๐ #Ripple #HiddenRoad #Crypto
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gilmerg/DefiGeeks
@gilmerg
2/ **What are OTC swaps?** Over-the-counter trading allows institutions (banks, hedge funds) to swap large volumes of digital assets directly, bypassing exchanges. Fiat settlement simplifies the process and reduces volatility risks. #OTC #DeFi
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gilmerg/DefiGeeks
@gilmerg
3/ **Why does it matter?** - Access to large-scale crypto trades (BTC, XRP, etc.) - Boosts market liquidity - Attracts institutional players, building trust in crypto Ripple is paving the way for mass adoption! #Blockchain #XRP
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gilmerg/DefiGeeks
@gilmerg
4/ **Hidden Roadโs Role** Hidden Road is a platform for institutional trading, specializing in crypto and finance. Their expertise helps Ripple make OTC swaps secure and efficient. A strong duo! ๐ค #Fintech
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gilmerg/DefiGeeks
@gilmerg
5/ **Whatโs next?** This strengthens Rippleโs position in the market, especially in the US, where crypto regulation is tightening. Expect more institutional interest and maybe new partnerships! What do you think this means for XRP? ๐ #CryptoNews
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