Why Has XRP Searches Spiked Today

A DTCC Important Notice shows Hidden Road Partners CIV US LLC (GSD #9388) added as a new participant in the Government Securities Division’s netting system. The document confirms clearing membership status although it does not reference Ripple, XRP, XRPL, or RLUSD.
Even so, the notice spread quickly across X, and queries such as “DTCC XRP,” “Hidden Road XRP,” and “RLUSD DTCC” rose as users started searching for direct links.
Hidden Road will process QUADRILLIONS through DTCC annually with RLUSD.
It’s only a matter of time… ⏰XRP pic.twitter.com/N5ZhSdkhrV
— Chad Steingraber (@ChadSteingraber) October 16, 2025
What the filing says, and what it does not
The notice describes membership participation for netting (buy/sell), repo netting, and GCF. It does not commit DTCC to any blockchain network, token, or stablecoin.
Claims that Hidden Road will process “quadrillions through DTCC with RLUSD” are speculative without primary confirmation. The scale figure often cited online refers to DTCC’s aggregate gross processing volume, which spans many products and workflows and is not evidence of XRPL or RLUSD usage.
Related: Ripple Brings Institutional Crypto Custody To South Africa With Absa
Let us note that Ripple completed the acquisition of Hidden Road for $1.25 billion in April 2025, with plans to use the company with its RLUSD stablecoin for institutional settlement purposes. RLUSD has been formally accepted as collateral across Hidden Road’s services for cross-margin trading, which is one step toward deeper integration.
It’s worth noting that the massive $2 quadrillion volume processed by the DTCC flows through many different blockchain systems, not just Ripple’s. However, if Hidden Road handles even 10% of DTCC’s estimated $2 quadrillion settlement volume via RLUSD, that would imply hundreds of trillions flowing through the system in a given year.
Panel clip resurfaces, stokes public-network narratives
Then, a post featuring a video of Robert Palatnick, Managing Director and Chief Technology Architect at DTCC, recently surfaced on X. In it, Palatnick stated: “A public untrusted network is always inevitably better than a private one based on trust.”
The quote came during a panel discussion hosted by Donald Donahue (a Ripple advisor), with Barclays Bank’s Lee Braine and R3 Corda CEO David Rutter also present.
While the panel is from 2016, for many XRP supporters, the symbolism was impossible to ignore since major financial infrastructure leaders were discussing blockchain architecture alongside Ripple affiliates.
RLUSD context and the Hidden Road thesis
Community posts connect RLUSD, Ripple’s dollar stablecoin initiative, to Hidden Road and then to DTCC via the membership notice. The verifiable element is the DTCC listing for Hidden Road Partners CIV US LLC.
Any claim that RLUSD is accepted as collateral across Hidden Road services for cross-margin trading or that it will settle DTCC flows requires primary documentation from the firms involved. Until then, the RLUSD narrative remains unconfirmed.
XRP price today: how traders map the range
While the DTCC narrative trends, XRP today trades near $2.35. Traders have mapped $2.30 as the first support with $2.50 to $2.83 as the resistance band that would need to clear on closing strength to re-target $3+.
If market liquidity stays tight and macro risk remains heavy, traders expect wider ranges and faster moves on headlines.
Related: Is Ripple Selling XRP Today? Here’s What The 70 Million Transfer Really Means
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