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Ripple CEO Brad Garlinghouse Says XRP Is Becoming Institutional Collateral

Speaking at Consensus 2026 in Miami, Ripple CEO Brad Garlinghouse said Ripple Prime is helping make XRP usable as collateral across institutional trading platforms.

XRP

Summary

Ripple CEO Brad Garlinghouse said at Consensus 2026 in Miami that Ripple Prime is making XRP "good collateral across lots of institutional platforms." The comment linked XRP’s role to broader institutional crypto adoption, where collateral is used to support trading, lending, and other market activity. The source also states that Ripple acquired Hidden Road for $1.25 billion in April 2025, a deal that may provide added context for Ripple’s institutional market strategy.

Terms & Concepts
  • Collateral: Assets pledged to secure trading, borrowing, or other financial obligations, helping reduce counterparty risk in institutional markets.
  • Institutional platforms: Trading, brokerage, or financing venues used by professional investors such as asset managers, hedge funds, and large financial firms.
  • Ripple Prime: Ripple’s institutional-focused offering referenced by Brad Garlinghouse as supporting XRP use across professional market infrastructure.