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Ripple has entered into a multi-year strategic partnership with institutional trading platform LMAX Group. Under the agreement, LMAX Group will integrate Ripple's USD stablecoin (RLUSD) into its institutional trading infrastructure as a core collateral asset and settlement currency for spot crypto trading and some fiat pairs, and it can be used as margin for perpetual contracts and CFD trading. As part of the collaboration, Ripple will provide $150 million in financing to support LMAX Group's long-term cross-asset growth strategy. (TheBlock)