Ripple Deepens Partnership with Bullish to Expand Options and Stablecoin Ecosystem

Odaily Odaily reports that Ripple has announced a further deepening of its long-term partnership with the institutional-grade digital asset trading platform Bullish. The two parties will work to open up the Bullish options market to Ripple Prime users.

According to the agreement, institutional clients of Ripple Prime will have direct access to Bullish's regulated Bitcoin options market, which is the second-largest market by open interest for crypto-settled BTC options. The platform also covers products such as spot, perpetual swaps, and futures contracts. Additionally, both parties stated that the stablecoin Ripple USD (RLUSD) will be used as a settlement and trading instrument in Bullish options trading, further enhancing institutional trading efficiency. (Crowdfundinsider)