Ripple Secures $150 Million Credit Line for Gemini: A Move With Broader Implications

Crypto analyst All Things XRP has analyzed Ripple’s recent $150 million credit facility extended to Gemini, highlighting its potential impact on the future of financial infrastructure. The move provides crucial support to the exchange as it prepares for its anticipated Nasdaq IPO and aligns with Ripple’s strategy of integrating its stablecoin RLUSD within U.S. banking systems. 💎 The credit line is not just a lifeline for Gemini; according to All Things XRP, it marks a significant step towards Ripple’s ambition to become a major player in institutional markets.