According to Foresight News, Receipts Depositary Corporation (RDC) plans to launch XRP-backed securities, allowing institutions to gain exposure to XRP securities through U.S. regulated market infrastructure.The company will offer products similar to American Depositary Receipts representing foreign stocks on U.S. stock exchanges. This product will only be available to qualified institutional buyers without the need for approval from the U.S. SEC.These securities will be cleared by the Depository Trust Company (DTC), similar to the Bitcoin and Ethereum-backed securities provided by RDC.