Bitnomial’s Crypto Gamble: XRP & RLUSD – 🚀

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In the shadow of the relentless march of progress, Bitnomial Inc., a U.S. derivatives exchange, declared on November 4 that its subsidiary, Bitnomial Clearinghouse LLC, has become the first and only U.S.-registered derivatives clearing organization to embrace the cold, calculated embrace of stablecoins as margin collateral. The clearinghouse, in a move that whispers of both innovation and the inevitable, now extends its digital asset margin program to include XRP, a cryptocurrency as enigmatic as it is volatile. 🚀

This expansion, a logical step in the ever-accelerating dance of financial evolution, follows Bitnomial’s introduction of crypto margin deposits in September 2025. Now, RLUSD and XRP margin deposits are available to institutional clients, as if the market itself is urging them to leap into the abyss of digital assets. 💰

– Bitnomial (@Bitnomial) November 4, 2025

Retail traders, the unwitting participants in this grand experiment, will gain access through Botanical, Bitnomial’s retail trading platform. The addition of RLUSD, a USD-pegged digital asset, allows traders to margin positions with the illusion of stability, all while clinging to the fragile promise of blockchain-native settlement. 🧠

Industry experts on the expansion

At the Ripple Swell conference in New York, Luke Hoersten, CEO of Bitnomial, proclaimed, “Adding RLUSD and XRP as margin collateral marks a major evolution in how traders deploy their digital assets.” A “major evolution” indeed, as if the very fabric of finance is being rewoven by the hands of those who see only numbers and not the souls behind them. 🤖

Michael Dunn, President of Bitnomial Exchange, LLC, added that the “addition of RLUSD and XRP further enhances the capital efficiency advantages available to traders.” Capital efficiency, a term so euphemistic it could describe anything from a well-timed nap to the collapse of an empire. With the expanded collateral options, traders can now leverage stablecoin holdings and XRP positions to access the full range of CFTC-regulated crypto derivatives, reducing friction when moving between different asset types. ⚙️

Jack McDonald, SVP Stablecoins at Ripple, commented on the announcement, saying, “With today’s announcement adding native support for RLUSD and XRP as margin collateral, Bitnomial cements its position as one of the most forward-thinking derivatives exchanges in the U.S.” Forward-thinking, or simply chasing the next trend like a dog after a car? 🐶

Bitnomial’s vision and aim

Bitnomial, ever the pioneer, has consistently built capital-efficient market infrastructure, from launching regulated perpetual futures to accepting digital assets as margin collateral. Now, with the acceptance of stablecoins, they’ve reached the pinnacle of financial innovation, or so they claim. 🌐

The combination of RLUSD stablecoin margin, XRP support, and Bitnomial’s existing Bitcoin and Ether margin deposits creates a comprehensive digital asset margin system on a U.S.-regulated exchange. A system as robust as a house of cards, but with more hype. 🏗️

This initiative is expected to benefit crypto-native funds, institutional traders, and market makers, allowing them to deploy digital asset portfolios more efficiently while maintaining full regulatory compliance. Efficiency, a word that sounds noble until you realize it’s just another way to extract more value from the same old game. 💸

All Bitnomial futures and options contracts, offered by the exchange, are subject to the whims of regulatory approvals, a reminder that even in the realm of digital assets, the old guard still holds the keys. 🛡️

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2025-11-05 00:36