The platform now supports XRP/USD pairs through its Flash Trade service, alongside XRP/USD and XRP/HKD options via over-the-counter trading. Transactions are settled directly on the XRP Ledger. This expansion follows the platform's initial XRP listing in December 2025, which was previously restricted to professional investors and institutions. XRP joins Bitcoin, Ethereum, and Solana as the fourth digital asset available to the venue's retail client base.
Operating under Type 1 and Type 7 licenses, OSL maintains registration with Hong Kong’s Anti-Money Laundering and Counter-Terrorist Financing Ordinance. The company reports that its custody infrastructure includes $1 billion in insurance coverage for client assets. This development arrives as institutional appetite for XRP-linked products persists, with spot exchange-traded funds recording eight consecutive weeks of inflows. Meanwhile, the broader ecosystem continues to evolve, as seen in the growth of the RLUSD stablecoin, which reached a market capitalization of $340.3 million by the end of Q1 2026.
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