NYSE:BLSHCapital Markets
Bullish Expands RLUSD Use In BTC Options As Valuation Lags Targets
Bullish (NYSE:BLSH) has enabled Ripple Prime's institutional clients to trade BTC options using RLUSD as collateral.
This marks the first use of Ripple's stablecoin for BTC options trading on a regulated U.S. exchange.
The move also confirms RLUSD margin status on two regulated exchanges within a short period.
Bullish, which focuses on regulated digital asset trading for institutions, is expanding the use of stablecoins in more complex products. The introduction of RLUSD as collateral for...