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Ripple relies on locked XRP reserves to back a $275 million institutional credit line

Covered by 1 source · 1 article

KBRA’s BBB rating gives Ripple Prime investment-grade access, but expected parent support and mostly escrowed XRP remain central to the credit case. The post Ripple relies on locked XRP reserves to back a $275 million institutional credit l…

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Ripple relies on locked XRP reserves to back a $275 million institutional credit line
CryptoSlate 2h ago

Ripple relies on locked XRP reserves to back a $275 million institutional credit line

KBRA’s BBB rating gives Ripple Prime investment-grade access, but expected parent support and mostly escrowed XRP remain central to the credit case. The post Ripple relies on locked XRP reserves to back a $275 million institutional credit l…