Ripple Expands XRP Use for Settlement and Liquidity

Cryptocurrency exchange Bitrue has expanded its support for XRP, adding ten new spot trading pairs based on the digital asset. The move is part of a broader industry trend where XRP is being positioned as a foundational layer for institutional settlement and liquidity, moving beyond its role as a speculative trading instrument.

Bitrue announced the introduction of ten new XRP-based spot trading pairs, aiming to enhance liquidity and provide more portfolio flexibility for its users. According to the platform, this expansion builds on its existing product line for the digital asset, which already includes services such as trading, staking, loans, and futures tools. The company stated the rollout is designed to help traders position themselves for the next market cycle.

The expansion by Bitrue coincides with a strategic evolution for the XRP Ledger (XRPL), which is increasingly being framed as a core infrastructure for institutional finance. Proponents claim XRP is shifting to function as a settlement and liquidity layer to support cross-border payments, tokenized finance, and on-ledger credit operations. In this model, the asset is used to manage fees, collateralize reserves, and act as a bridge between different assets, with the goal of enabling real-time settlement and improving capital flow for financial institutions. The source material noted that XRP recently traded near $1.46 after gaining 12% during a market rally, tying its value to its growing utility.

The push to integrate XRP more deeply into exchange offerings and financial protocols is driven by the goal of establishing it as a key piece of infrastructure for institutional finance. By serving as a universal bridge asset, XRP aims to solve liquidity and settlement challenges in traditional finance. This strategy focuses on leveraging the XRP Ledger’s speed and low transaction costs to facilitate real-time gross settlement, asset tokenization, and decentralized credit markets, thereby increasing its fundamental utility beyond simple value transfer.

The specific timeline for the full implementation and activation of the upcoming XLS-66d lending protocol on the main XRP Ledger remains unconfirmed. Furthermore, the potential rate of adoption by institutional partners for these new settlement and credit features is not yet clear. Details regarding the specific assets included in the ten new trading pairs on Bitrue were not fully detailed in the initial announcement.

The next major development for the ecosystem is a proposed upgrade to the XRP Ledger, known as the XLS-66d Native Lending Protocol. If passed by the validator community, this amendment will introduce native borrowing and lending capabilities directly on the ledger. This would allow users to lend and borrow assets without relying on intermediaries, potentially deepening XRP’s role in decentralized finance (DeFi), credit markets, and overall asset management on the network.

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