Ripple launches 24/7 stock trading with RLUSD stablecoin, HSBC warns of thin liquidity

Ripple Prime now allows institutional clients to trade swaps tied to over 100 stock, commodity, and currency markets around the clock using its RLUSD stablecoin as collateral. HSBC warned that limited liquidity could constrain large trades and favor market makers, noting that nearly $52 million in leveraged chip-stock positions were liquidated within 10 minutes when underlying shares were not trading.