Not Only XRP: CEO Higgins Explains Why Ripple Prime is Scaling into Bitcoin Liquidity

Cover image via depositphotos.com Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available. After yesterday’s official announcement of the integration with Bullish, Mike Higgins, CEO of Ripple Prime, added details that turn a standard partnership into a serious tool for hedge funds. Advertisement Higgins emphasized that Ripple Prime clients are no longer just “looking at” Bullish, but now have direct access to its BTC options markets as the platform now allows funds to seamlessly switch between Bullish’s Bitcoin options markets and traditional markets. Excited to expand our partnership with @Bullish — Ripple Prime clients now have direct access to its regulated BTC options markets, and can use $RLUSD to trade on the platform. With Bullish as the second largest venue by open interest for crypto-settled BTC options, and soon to… — Mike Higgins (@mikehiggins) April 30, 2026 Considering that Bullish ranks second globally by open interest in this segment, according to him, Ripple Prime effectively gives its clients the keys to one of the most liquid order books in the world. Advertisement RLUSD to power Ripple's one-stop shop An important detail from Higgins is the confirmation that Ripple USD (RLUSD) is now fully used for trading on the platform . This is not just a “showcase” asset, but one that can be actively traded and used to realize profit and loss from Bitcoin positions. HOT Stories XRP Surges 63% in Daily ETF Inflows as Crowd Turns Dangerously Greedy; $5.5 Million Lost in Fresh Ethereum DeFi Hack; $95,200 Bitcoin Is Prime Scenario for 2026: Bollinger Bands - Morning Crypto Report Breaking: Ripple Expands Its Presence in Middle East with New HQ The most significant technical signal from Mike is that cross-margin support is coming soon. For institutions, this is critical, as they will be able to optimize collateral and use their capital more efficiently. In simple terms, they will be able to trade larger positions while locking up less capital. You Might Also Like Wed, 04/29/2026 - 14:02 Ripple Announces RLUSD Launch on OKX By Caroline Amosun Advertisement Higgins’ post highlights that Ripple Prime is moving beyond being a service around the XRP Ledger ecosystem and is becoming a full one-stop shop for the broader digital asset market, especially derivatives. If an institutional player wants to trade Bitcoin options through regulated infrastructure, Higgins makes it clear that this is now done via Ripple Prime. #XRP #Bitcoin #Ripple News #XRP News #Bitcoin News