Ripple Deepens Partnership with Bullish to Expand Options and Stablecoin Ecosystem
Ripple has announced a further deepening of its long-term partnership with Bullish, a digital asset trading platform for institutional investors. The two parties will open Bullish's options market to Ripple Prime users.According to the agreement, institutional clients of Ripple Prime will gain direct access to Bullish's regulated Bitcoin options market, which is reportedly the second-largest trading market by open interest for crypto-settled BTC options. The offering 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)