The Depository Trust & Clearing Corp plans to roll out an initial tokenisation service in the second half of 2026, prompting the XRP community to focus on possible links to Ripple.
According to blockchain outlet The Crypto Basic on April 14, the service would record securities in DTCC systems on distributed ledger technology, while keeping the existing centralised infrastructure intact.
DTCC signalled it plans to move tokenisation from an experimental phase to an execution phase. It is a way to combine tokenisation with traditional financial infrastructure rather than replace existing financial systems with blockchain. At a U.S. House of Representatives hearing, DTCC executives said tokenisation must comply with existing laws and regulations, and set goals of improving post-trade processes, making asset transfers more efficient and maintaining market stability.
DTCC's influence is also a reason the XRP community is paying attention. DTCC processes trades through key subsidiaries in the U.S. financial system, including the Depository Trust Co, the National Securities Clearing Corp and the Fixed Income Clearing Corp.
The community points to Ripple's 2025 acquisition of Hidden Road as a possible link. Hidden Road is now called Ripple Prime and has become a FICC member. Ripple Prime integrated the XRP Ledger into Hidden Road's operations to speed up post-trade processing and added RLUSD stablecoin as collateral.
Another possible link is Securrency, which DTCC previously acquired. Securrency is now part of DTCC's digital assets division and provides technology that supports tokenised securities across multiple blockchains. The XRP community's expectations have also been boosted by the fact that some of those networks are compatible with Ripple infrastructure.
Community researcher SMQKE argued that this structure could open up the possibility for assets including XRP to play a role in a settlement layer connected to DTCC systems. Market analyst ChartNerd also said DTCC's plan may initially appear to be "not much of a big deal, but could have broader implications for XRP". There is still no official confirmation to support that.
DTCC, meanwhile, presented interoperability as a key task. It warned that fragmented tokenisation would raise costs and could reduce liquidity, and said it prefers open standards and infrastructure that connect digital assets with existing financial systems.