Ripple Launches New Liquidity Hub To Help Liquidity For Crypto Businesses
Ripple announced the formal launch of the enterprise-oriented cryptocurrency liquidity platform “Ripple Liquidity Hub,” which seeks to give organizations a simple and seamless approach to handling their cryptocurrency liquidity requirements, according to the official blog. This is a separate scheme from its cross-border payment service that uses its worldwide network to give partners with global payment channels.
Ripple announced its debut after a year of testing the product. The Liquidity Hub is a fully integrated and comprehensive system designed to help organizations source and manage liquidity across many platforms. The Ripple Liquidity Hub platform is accessible 24 hours a day, seven days a week, and uses smart order routing to source a range of digital assets at optimum prices from numerous liquidity venues, including market makers, exchanges, and OTC desks. Initially, USD, BTC, ETH, ETC, BCH, and LTC were supported, but XRP was not stated. It declared support for XRP when it revealed the plan in 2021. The Ripple Liquidity Hub was created to address the issues that might arise when integrating digital and fiat currencies.
Source
https://t.me/Bitcoin_Crypto_Coin_Calendar
