Ripple has announced a significant expansion of its institutional offerings, launching Ripple Prime, an institutional OTC (Over-The-Counter) service. This strategic move coincides with the company's stablecoin, RLUSD, achieving a major milestone by surpassing $1 billion in circulation. These developments are poised to usher in a new era for compliant digital asset trading, although the specific future role of its native cryptocurrency, XRP, within this evolving ecosystem remains a subject of discussion.