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gilmerg/DefiGeeks
@gilmerg
πŸ“’ Thread: Ripple and Hidden Road Launch OTC Crypto Swaps! πŸš€ 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. Let’s break it down! πŸ‘‡ #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 Road’s 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! 🀝 #Fintech
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