{"id":29171,"date":"2025-05-29T08:17:00","date_gmt":"2025-05-29T08:17:00","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=29171"},"modified":"2025-05-29T08:17:00","modified_gmt":"2025-05-29T08:17:00","slug":"xrp-army-is-truly-global-as-cme-data-reveals-nearly-half-of-xrp-futures-trading-occurs-in-non-u-s-hours","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=29171","title":{"rendered":"XRP Army Is Truly Global As CME Data Reveals Nearly Half of XRP Futures Trading Occurs in Non-U.S. Hours"},"content":{"rendered":"<div>\n<p>The CME&#8217;s recently launched XRP XRP futures underscore the cryptocurrency&#8217;s international appeal, with nearly half of its trading volume occurring outside U.S. trading hours.<\/p>\n<p>The regulated XRP futures \u2013 standard and micro-sized contracts \u2013 began trading on the global derivatives giant a week ago, registering a total trading volume of 4,032, worth $86.6 million in the first six trading days, the exchange&#8217;s spokesperson told CoinDesk.<\/p>\n<p>The spokesperson highlighted that &#8220;46% of the [total] volume occurred during non-U.S. hours&#8221; and nearly half of the trading comes from participants outside the U.S.<\/p>\n<p>The data suggest strong international participation in the futures market. XRP is a payments-focused cryptocurrency primarily designed for fast and low-cost cross-border payments.\u00a0<\/p>\n<p>Ripple, a financial technology company, uses XRP and the XRP Ledger (XRPL) to facilitate international money transfers.<\/p>\n<p>The CME&#8217;s standard and micro contracts, sized at 50,000 XRP and 2,500 XRP, respectively, are cash-settled and based on the SME CF CRP-Dollar Reference rate, which tracks the cryptocurrency&#8217;s price daily at 4:00 p.m. London time. <\/p>\n<p>These futures enable traders to gain exposure to the cryptocurrency without actually owning it.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The CME&#8217;s recently launched XRP XRP futures underscore the cryptocurrency&#8217;s international appeal, with nearly half of its trading volume occurring outside U.S. trading hours. The regulated XRP futures \u2013 standard and micro-sized contracts \u2013 began trading on the global derivatives giant a week ago, registering a total trading volume of 4,032, worth $86.6 million in [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-29171","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/29171","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=29171"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/29171\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=29171"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=29171"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=29171"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}