Bitnomial Adds RLUSD Stablecoin and XRP as Margin Collateral
Bitnomial, a Chicago-based CFTC-regulated exchange, has become the first US-registered derivatives clearing organization to accept RLUSD stablecoin collateral for futures, perpetuals and options. Bitnomial’s support for RLUSD stablecoin collateral enables institutional traders to post RLUSD directly, cutting conversion fees and settlement delays.
In addition, high-liquidity XRP is now accepted as margin collateral, offering fast on-chain settlement and low fees for rapid adjustments. Both assets enhance capital efficiency and broaden crypto asset utilization within a regulated framework.
Retail traders will access these options via Bitnomial’s Botanical platform. Backed by rigorous audits and a $1 billion market cap, RLUSD’s dollar peg ensures price stability, while XRP’s liquidity boosts trading flexibility. This move underscores growing regulatory acceptance and may drive other CFTC-regulated platforms to enable stablecoin and crypto collateral.
Bullish
Accepting RLUSD stablecoin collateral and XRP on a CFTC-regulated platform increases institutional demand for these tokens. In the short term, traders will purchase RLUSD and XRP to meet margin requirements, driving price support. Over the long term, expanding regulated adoption and integration into major exchanges like Bitnomial can enhance liquidity and confidence, underpinning sustained demand. Historical trends show that new collateral options on regulated venues often yield positive price momentum, making this news bullish for both RLUSD and XRP.