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Ripple relies on locked XRP reserves to back a $275 million institutional credit line

Ripple relies on locked XRP reserves to back a $275 million institutional credit lineWorldPing

KBRA’s BBB rating gives Ripple Prime investment-grade access, but expected parent support and mostly escrowed XRP remain central to the credit case.

This is a short WorldPing brief. The full report was published by CryptoSlate.

Read the full report at CryptoSlate

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