MarketPR
Moscow Exchange, Russia's largest financial marketplace, has introduced perpetual futures for XRP (CRYPTO:XRP) that settle in rubles.
This product allows qualified Russian investors to speculate on the digital asset's price without owning the cryptocurrency. The exchange follows a price index based on U.S.
dollar values, with all payouts occurring in rubles. This structure creates a dual layer of speculation, exposing traders to both XRP price movements and the exchange rate.
spot XRP ETFs that purchase actual tokens, the Moscow Exchange does not hold or deliver XRP. The system circulates funds between Russian traders without direct interaction with the underlying asset.
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