Ripple Prime Hits Major Milestone: NSCC Listing Unlocks TradFi-DeFi Bridge

<a href="https://thbusd.com/xrp-usd/">Ripple</a> Prime Goes Live on NSCC Clearing Directory in Key Milestone

Ripple Prime CEO Mike Higgins recently announced on Twitter that the company has achieved a significant milestone by being listed in the NSCC directory.

I noticed a post by a prominent XRP community member, ‘BankXRP,’ stating that Hidden Road – now known as Ripple Prime – is expected to be listed in the NSCC directory starting March 2, 2026. I’m tracking this development as part of my research.

Ripple and Hidden Road are continuing to expand their connection. A recent notice from DTCC confirms that Hidden Road (HRFI) will be officially listed in the NSCC directory starting March 2, 2026, according to a recent post.

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According to BankXRP, Ripple Prime could connect traditional finance (TradFi) and decentralized finance (DeFi), potentially shifting transaction processing to the XRP Ledger.

Higgins highlighted this as a significant step forward for Ripple Prime, explaining that being listed in the NSCC directory means it’s now part of the core system that clears trades, helping to make capital markets faster and more dependable. He also emphasized that Ripple Prime is currently the largest prime broker globally that isn’t a bank, and that it connects both digital and traditional financial marketplaces worldwide.

Ripple Prime has reached a significant milestone: it’s now listed in the NSCC directory. This means we’re part of the core infrastructure that clears trades, helping to make capital markets faster and more dependable. Currently, Ripple Prime is the biggest prime broker globally that isn’t a traditional bank, and we’re directly connected to both digital and…

— Mike Higgins (@mikehiggins) March 4, 2026

In 2025, Ripple finalized the purchase of Hidden Road, which was rebranded as Ripple Prime. This made Ripple the first cryptocurrency company to fully own and run a worldwide service that handles multiple types of assets for brokers. Ripple Prime is now using RLUSD as collateral for several of its services, which also increases the usefulness and adoption of XRP.

Last month, Ripple announced it now supports Hyperliquid, making it easier for institutions to trade directly on the blockchain. This connection allows Ripple’s clients to trade cryptocurrency derivatives on-chain and combine those positions with other assets they hold through Ripple Prime, such as digital currencies, foreign exchange, bonds, and various types of swaps.

Wrapped XRP to gain institutional momentum

As an analyst, I’m following the news that Doppler Finance, a yield provider on the XRP Ledger, is partnering with Hex Trust. This collaboration is designed to expand the possibilities for institutional investors using Wrapped XRP (wXRP) and to generally improve the infrastructure for XRP-based finance across multiple blockchains. Essentially, they’re working together to make wXRP more attractive and useful for larger financial players and broaden its reach.

Hex Trust will offer secure custody and the necessary infrastructure to support wXRP products, ensuring they meet the regulatory standards required for institutional investors.

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2026-03-04 18:16