• Latest
  • Trending
  • All
Ripple unveils liquidity hub to boost business payments – Cryptopolitan

Ripple unveils liquidity hub to boost business payments – Cryptopolitan

April 14, 2023
Is XRP About To Rally? Crypto Analytics Firm Santiment Says One Metric Is Flashing a Historically Bullish Signal

Is XRP About To Rally? Crypto Analytics Firm Santiment Says One Metric Is Flashing a Historically Bullish Signal

June 1, 2023
Ethereum, Not Bitcoin, Will Drive Global Crypto Adoption

Ethereum, Not Bitcoin, Will Drive Global Crypto Adoption

June 1, 2023
Connected products at the edge

Connected products at the edge

June 1, 2023
This Man Is Accused Of Running A Secret Crypto Mining Operation In A High School Crawlspace » TwistedSifter

This Man Is Accused Of Running A Secret Crypto Mining Operation In A High School Crawlspace » TwistedSifter

June 1, 2023
BIT Mining Limited: Selling Ethereum And Holding Dogecoin (NYSE:BTCM)

BIT Mining Limited: Selling Ethereum And Holding Dogecoin (NYSE:BTCM)

June 1, 2023
Ethereum Open Interest On Deribit At A 3-Year High

Ethereum Open Interest On Deribit At A 3-Year High

June 1, 2023
Bitcoin logs monthly loss, Ether drops, U.S. equities slide

Bitcoin logs monthly loss, Ether drops, U.S. equities slide

June 1, 2023
Hong Kong Has Ambitions to Build Crypto Hub But Hasn’t Landed Big Commitments

Hong Kong Has Ambitions to Build Crypto Hub But Hasn’t Landed Big Commitments

June 1, 2023
No All-Time High For Bitcoin In 2023, Former BitMEX Head Arthur Hayes Predicts

No All-Time High For Bitcoin In 2023, Former BitMEX Head Arthur Hayes Predicts

June 1, 2023
Blockchain Analytics Firm Nansen Cuts Workforce by 30%

Blockchain Analytics Firm Nansen Cuts Workforce by 30%

June 1, 2023
Fancy Crypto – Cryptocurrency Mining Platform Now Gives Users 7 Different Ways To Start Mining Crypto…

Fancy Crypto – Cryptocurrency Mining Platform Now Gives Users 7 Different Ways To Start Mining Crypto…

May 31, 2023
Binance Coin (BNB) and Dogecoin (DOGE) Charts Show Red; Investors Looking To Buy into Uwerx (WERX) Early

Binance Coin (BNB) and Dogecoin (DOGE) Charts Show Red; Investors Looking To Buy into Uwerx (WERX) Early

May 31, 2023
Thursday, June 1, 2023
DLT EMPIRE
  • Home
  • Bitcoin
  • Ethereum
  • Blockchain
  • Altcoin
  • Crypto Mining
  • Dogecoin
  • Litecoin
  • Market
No Result
View All Result
DLT EMPIRE
No Result
View All Result
Home Litecoin

Ripple unveils liquidity hub to boost business payments – Cryptopolitan

by Cuevas Antonio
April 14, 2023
in Litecoin
0
Ripple unveils liquidity hub to boost business payments – Cryptopolitan
491
SHARES
1.4k
VIEWS
Share on FacebookShare on Twitter


Ripple Labs, the company behind XRP, has introduced a business liquidity hub. This innovative solution enables businesses to access digital asset liquidity from a variety of crypto exchanges, market makers, and over-the-counter marketplaces globally.

The liquidity hub aims to seamlessly connect fiat systems and cryptocurrencies. Ripple announced the launch on April 14, following the successful pilot of the product last year.

Bridging the liquidity gap: Ripple’s integrated solution

The newly launched liquidity hub seeks to integrate solutions that help businesses access and manage liquidity across platforms. With this tool, corporations can optimize cryptocurrency liquidity and leverage a vast payout network to power payments, treasury operations, and other services.

Using advanced technology, the product sources the best rates for crypto assets, eliminating the need for pre-funded capital positions with multiple liquidity venues. This approach frees up capital for businesses, enabling them to manage their resources more efficiently.

Additionally, the liquidity hub operates 24/7, providing businesses with access to a wide range of global payout channels. This feature ensures flexibility and speed in managing digital asset transactions while allowing users to effectively track their funds.

Interestingly, XRP, the cryptocurrency issued by Ripple, is not mentioned in the product launch. XRP has been central to most liquidity products and services offered by the fintech firm, particularly in cross-border liquidity services. However, XRP was included among digital assets during the company’s pilot phase.

The absence of XRP from the liquidity pairs could be linked to Ripple’s ongoing legal battle with the U.S. Securities and Exchange Commission. The announcement states that the liquidity hub currently supports five cryptocurrencies: Bitcoin (BTC), Litecoin (LTC), Ethereum (ETH), Ethereum Classic (ETC), and Bitcoin Cash (BCH).

Members of the XRP community have raised questions regarding the asset’s omission. A prominent community member, Wrathof Kahneman, highlighted the standalone nature of the hub, while another member expressed disappointment at the less-than-expected connection to XRP. Prominent XRP community member Crypto Eri also noted the absence of XRP in the liquidity hub, pointing out that Ripple included BTC, LTC, ETH, ETC, and BCH, but not XRP.





Source link

Tags: BoostBusinessCryptopolitanhubliquidityPaymentsRippleUnveils
Share196Tweet123Share49
Cuevas Antonio

Cuevas Antonio

  • Trending
  • Comments
  • Latest
Rise of AI-Powered Cheating: Challenges and Solutions for Educators

Rise of AI-Powered Cheating: Challenges and Solutions for Educators

March 20, 2023
Former FTX US President Reportedly Quit After ‘Protracted Disagreement’ With Bankman-Fried

Former FTX US President Reportedly Quit After ‘Protracted Disagreement’ With Bankman-Fried

April 10, 2023
What is Cloud Mining and How Does it Work?

What is Cloud Mining and How Does it Work?

April 10, 2023
Silicon Valley Bank: Bitcoin investors in panic as market goes sideways

Silicon Valley Bank: Bitcoin investors in panic as market goes sideways

0
24 Crypto Terms You Should Know

24 Crypto Terms You Should Know

0
Bitcoin, Ethereum, Dogecoin Rally As Team Biden Cushions SVB Blow

Bitcoin, Ethereum, Dogecoin Rally As Team Biden Cushions SVB Blow

0
Is XRP About To Rally? Crypto Analytics Firm Santiment Says One Metric Is Flashing a Historically Bullish Signal

Is XRP About To Rally? Crypto Analytics Firm Santiment Says One Metric Is Flashing a Historically Bullish Signal

June 1, 2023
Ethereum, Not Bitcoin, Will Drive Global Crypto Adoption

Ethereum, Not Bitcoin, Will Drive Global Crypto Adoption

June 1, 2023
Connected products at the edge

Connected products at the edge

June 1, 2023

Recent News

Is XRP About To Rally? Crypto Analytics Firm Santiment Says One Metric Is Flashing a Historically Bullish Signal

Is XRP About To Rally? Crypto Analytics Firm Santiment Says One Metric Is Flashing a Historically Bullish Signal

June 1, 2023
Ethereum, Not Bitcoin, Will Drive Global Crypto Adoption

Ethereum, Not Bitcoin, Will Drive Global Crypto Adoption

June 1, 2023
Connected products at the edge

Connected products at the edge

June 1, 2023

Categories

  • Altcoin
  • Altcoin News
  • Altcoins
  • Artificial Intelligence
  • Bitcoin
  • Blockchain
  • Business
  • Crypto Mining
  • Cryptocurrencies
  • Culture
  • Dogecoin
  • Economy
  • Education
  • Ethereum
  • Featured
  • Governance
  • Litecoin
  • Market
  • News
  • Uncategorized

Converter

Cryptocurrency Prices by Coinlib

© 2023 Dlt Empire | All Rights Reserved

No Result
View All Result
  • Home
  • Bitcoin
  • Ethereum
  • Blockchain
  • Altcoin
  • Crypto Mining
  • Dogecoin
  • Litecoin
  • Market

© 2023 Dlt Empire | All Rights Reserved