BitMEX, one of the leading cryptocurrency exchanges, has announced that XRP can now be used as collateral for derivatives trades.
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This essentially means that traders can lock up these tokens as collateral to open a derivatives position.
Mon, 05/26/2025 - 12:19
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Apart from the two nearly added tokens, some other cryptocurrencies, such as Ethereum (ETH) and Bitcoin (BTC), became available for multi-asset margining.
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As reported by U.Today, BitMEX recently added support for the RLUSD stablecoin.
The market cap of RLUSD currently stands at $310 million.
Dan Burgin
Vladislav Sopov
U.Today Editorial Team