Why Ripple’s Latest DTCC Integration “Seems Important”

This inclusion lays the groundwork for Ripple Prime to integrate traditional clearing infrastructure with blockchain settlements.

In a key move bridging traditional and digital finance, the Depository Trust and Clearing Corporation (DTCC) has added Hidden Road Partners CIV US LLC to its list of NSCC identifiers Market Participant Partners.

From March 2, 2026, the NSCC update will allow Ripple Prime to transfer post-institutional trade volume directly to the XRP Ledger (XRPL). Notably, this move combines traditional market infrastructure with blockchain settlement.

XRPL is moving deeper into Wall Street’s infrastructure

According to a DTCC notification dated February 27, 2026, the update is part of a broader change to participant lists for insurance processing. It also reflects NSCC updates on OTC, corporate, municipal and UIT products.

As a result, Hidden Path appears under the clearinghouse broker code 0443 with the executive alpha broker “HRFI”, which is specifically approved for OTC trading. This inclusion lays the groundwork for Ripple Prime to integrate traditional clearing infrastructure with blockchain settlements.

The integration allows Ripple Prime to combine NSCC’s centralized clearing, risk management and settlement with XRPL’s speed and low transaction costs. Also, the deal could reduce settlement times and improve capital efficiency in a system that costs more than $2 quadrillion annually.

In line with its growth strategy, Ripple acquired Hidden Road in April 2025 for $1.25 billion, one of the largest deals in the history of digital assets. Rebranded as Ripple Prime in October 2025, the platform now offers multi-currency brokerage. It provides clearing, financing and spot trading for XRP and RLUSD.

Prior to the acquisition, Hidden Road cleared $3 trillion annually for more than 300 institutional clients across FX, derivatives and digital assets. Ripple plans to move post-trade activities to XRPL, using RLUSD as collateral to streamline the margin between traditional and crypto markets.

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An important development?

Ripple CTO Emeritus David Schwartz described the development as a design that “seems important” on social media, noting its potential impact on XRPL adoption. Industry experts suggest that this integration could speed up settlement and institutional access while embedding blockchain deeper into the US financial infrastructure.

Apart from Ripple Prime, the DTCC notification also highlighted other updates. These include Summit Wealth Group joining insurance processing on March 9, 2026, and US Securities International Corp changing its clearing broker from NFSC to SWST.

Meanwhile, companies including Azzad Funds and Bain Capital Private Credit have retired, with other appointments ensuring the continuation of clearing and settlement operations.