The Rise of XRP: Transforming into a Core Financial Asset and Its Role in Crypto Payroll for Startups
XRP is making serious waves as a core financial asset. With options trading on XRP futures now available, institutional interest is skyrocketing. This isn’t just about speculation anymore; this is a shift towards mainstream financial integration. Let’s unpack how XRP is evolving and what it means for both retail investors and startups looking to implement crypto payroll solutions.
Institutional Demand for XRP Futures
The Chicago Mercantile Exchange (CME) has launched options trading on its XRP futures contracts, and it looks like this is a big deal. Since its inception, over 567,000 XRP futures contracts have traded, with a mind-boggling notional volume of $26.9 billion. Clearly, institutional demand is here, and it seems to be taking…
