Ripple expands BTC options and RLUSD liquidity

Ripple expands Bullish partnership, enabling Prime clients to trade BTC options with RLUSD collateral. RLUSD liquidity grows via OKX, now in 280+ spot pairs and as derivatives margin.

Ripple has expanded its partnership with Bullish, enabling Ripple Prime clients to trade Bitcoin options directly on the Bullish exchange using RLUSD stablecoin as collateral. This integration streamlines access to regulated BTC options markets, complements existing spot and futures trading, and allows instant capital deployment without additional onboarding steps. In 2025, Ripple Prime processed over $3 trillion in volume and is preparing a cross-venue margin feature to optimize collateral management. Additionally, Ripple has partnered with OKX to boost RLUSD liquidity, making the stablecoin available in more than 280 spot pairs and as margin collateral for derivatives. Deposits and withdrawals are supported via the XRP Ledger, with direct minting and redemption improving liquidity access. These initiatives reflect Ripple's strategy to drive RLUSD adoption and utility, offering institutional traders advanced tools and deeper liquidity across major crypto platforms.