gilmerg/DefiGeeks
@gilmerg
π’ Thread: Ripple and Hidden Road Launch OTC Crypto Swaps! π 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. Letβs break it down! π #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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