XRP BECOMES FIRST ALTCOIN WITH INSTITUTIONAL SETTLEMENT TOOLS
@coinbase officially activated Trade at Settlement (TAS) for
$XRP futures on May 1, putting
$XRP on the same footing as Bitcoin, Ethereum, gold, and crude oil futures.
TAS lets institutions execute block orders at the 4 PM settlement price instead of live intraday markets, removing major friction for high-volume execution. A separate Coinbase market maker program also went live the same day to deepen
$XRP order book liquidity.
The infrastructure is now built. The remaining question is whether the capital actually shows up.