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Ripple Joins NSCC, Expands XRPL Role


  • Ripple Prime joins the NSCC directory, linking XRPL to U.S. clearing infrastructure.
  • Hidden Road cleared ~$3T yearly for 300+ institutions before Ripple’s acquisition.
  • Ripple plans to migrate institutional post-trade settlement flows onto XRPL.

Ripple expanded the role of the XRP Ledger in traditional finance after the National Securities Clearing Corporation added Ripple Prime to its directory. The move connects Ripple’s prime brokerage unit to key U.S. market infrastructure and sets the stage for post-trade activity to move onto the XRP Ledger.

Ripple Prime Added to NSCC Directory

Ripple Prime recently gained regulatory approval and is now listed in the NSCC directory. The NSCC operates under the Depository Trust & Clearing Corporation and supports U.S. securities clearing and settlement. Its directory includes firms approved to use its clearing services.

The listing follows Ripple’s acquisition of Hidden Road. Hidden Road processed about $3 trillion in annual volume for more than 300 institutional clients. Ripple stated earlier that the acquisition would shift Hidden Road’s post-trade flows to the XRP Ledger.

By joining the NSCC directory, Ripple Prime can connect with established clearing systems. This access allows post-trade transactions to be routed through infrastructure linked to the XRP Ledger. The company aims to use the ledger’s speed and lower transaction costs for settlement.

Ripple Prime plans to transition parts of its post-trade settlement activity to the XRP Ledger. The ledger is designed to process transactions quickly and with predictable fees. The company expects this to support institutional clients seeking efficient settlement options.

Ripple Chief Technology Officer David Schwartz commented on the development. He described the NSCC listing as “important” for institutional adoption. His statement reflects the company’s focus on expanding enterprise use cases for the ledger.

XRPL Gains Institutional Adoption

Other financial institutions have also engaged with the XRP Ledger. Societe Generale recently launched a euro stablecoin on the network. Reports also indicate that options trading features are being prepared for institutional users. These developments expand the types of assets and services available on the ledger.

Amid the institutional developments, XRPL developers have warned users about scam attempts. Developer Wietse Wind issued a notice about fraudulent NFT offers targeting wallet holders. The scams involve sending fake NFTs and creating misleading offers.

Wind noted a fraudulent Xaman NFT circulating on X and warned the XRP community that Xaman does not issue any “passes” or “NFTs.” He clarified that scammers are responsible for sending them.

Developers have advised users to cancel suspicious offers and avoid interacting with unknown accounts. Genuine support teams do not request seed phrases or ask users to sign unknown transactions. The warnings come as activity on the XRP Ledger continues to grow alongside new institutional integrations.





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