Mike Higgins, International CEO of Ripple Prime, was a part of the Ripple Quarterly Webinar hosted by Token Relations, which was held on Monday, June 22.
The top executive spoke extensively about Ripple Prime, how Ripple USD ($RLUSD) stablecoin fits into the “Prime Strategy,” and the company’s broader institutional stack.
In a recent X post, Higgins highlighted the discussion at the Ripple Quarterly Webinar, which broke down all things about Ripple Prime as “a great conversation.”
According to the CEO of Ripple Prime, the lines between TradFi and digital assets are disappearing. In addition, Higgins revealed that $RLUSD and $XRP are already being used as collateral, with institutions demanding 24/7 capital mobility. He further noted that the infrastructure to support it is here, adding that much more is planned this year. “Much more to come from us this year,” Higgins said.
great conversation w/ @jacqmelinek this week breaking down all things @Ripple Prime. TL;DR: The lines between TradFi and digital assets are disappearing. $RLUSD and $XRP are already being used as collateral, institutions are demanding 24/7 capital mobility, and the infrastructure… https://t.co/A6jxgjKAT1
— Mike Higgins (@mikehiggins) June 24, 2026
The discussion follows as the $XRP Ledger and Ripple continue to lay the foundation for the next phase of institutional adoption.
In a remarkable milestone, Ripple has received preliminary approval for its Crypto Asset Service Provider (CASP) license from Luxembourg’s Commission de Surveillance du Secteur Financier (CSSF) under the EU’s Markets in Crypto Assets (MiCA) regulation.
$XRP prepares for next phase of institutional adoption
A reaudit of the $XRP Ledger Lending Protocol, a DeFi primitive that enables on-chain, fixed-term, uncollateralized loans using pooled funds from a Single Asset Vault, has been completed by Halborn.
The formal verification and security analysis of the XRPL consensus mechanism is also upcoming, following a collaboration between RippleX and Common Prefix. Critical components of the Lending Protocol will also be formally verified in Lean4; the Payment Engine spec will be maintained so that it stays in sync with xrpld releases.
Vet, an XRPL validator and director of community at the XRPL Foundation, in light of recent developments, tweeted that a “very healthy tune of security and use case development on the $XRP Ledger is being arrived at.” He added that this is not a one-time effort, but rather a new framework for evolving the $XRP Ledger while keeping security and safety intact.
