Ripple is pursuing a Federal Reserve master account for its RLUSD stablecoin, a move that could enable direct settlement without intermediaries and reshape cross-border payments. The company recently acquired Hidden Road for 1.25 billion dollars, rebranding it as Ripple Prime to expand multi-asset institutional trading services. The development has already influenced global regulators, with Sweden’s Riksbank reportedly shifting its stance on stablecoin oversight in response.

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