CME Exchange Executive Praises XRP’s Real-World Utility and Liquidity
CME Group executive Tim McCourt highlighted XRP’s practical applications in the crypto industry, emphasizing its fast transaction speeds and scalability for cross-border payments. The token’s liquidity and efficiency make it appealing to both institutional and retail traders.
CME has introduced XRP futures contracts, including micro and standard versions, to cater to increasing demand. Additionally, Wyoming LLCs now offer institutional XRP lending, allowing investors to leverage their holdings without selling long-term positions.