XRP is testing a liquidity hub that would allow customers to buy, sell, and hold crypto assets

• Ripple’s XRP has used Liquidity Hub for internal liquidity management as part of its ODL solution for almost two years, enabling millions of transactions worth billions of dollars
• Ripple, the world’s leading supplier of corporate blockchain and crypto solutions, today unveiled Ripple Liquidity Hub, a new service for enterprise clients that will be available in 2022
• Ripple was the first enterprise startup to use cryptocurrency to address the trillion-dollar difficulties associated with cross-border payments

Ripple, the world’s leading supplier of corporate blockchain and crypto solutions, today unveiled Ripple Liquidity Hub, a new service for enterprise clients that will be available in 2022. Customers will be able to access crypto assets from a range of global venues, including market makers, exchanges, OTC desks, and, in the future, decentralized venues, through the Ripple Liquidity Hub. Ripple has used Liquidity Hub for internal liquidity management as part of its ODL solution for almost two years, enabling millions of transactions worth billions of dollars. 

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Ripple’s XRP has used Liquidity Hub for internal liquidity management as part of its ODL solution for almost two years, enabling millions of transactions worth billions of dollars. It will now make the product available to its hundreds of clients worldwide, as well as any financial institutions, banks, fintech, or corporations that require assistance in preparing for the inevitable crypto-first world. 

The  first alpha product partner is Coinme, the biggest licensed cryptocurrency cash network in the United States, with thousands of outlets around the country. Coinme will initially use Liquidity Hub’s core technology platform, with plans to add more functionality when it becomes available. 

Ripple was the first enterprise startup to use cryptocurrency to address the trillion-dollar difficulties associated with cross-border payments. Since then, Ripple has evolved from a cross-border payments network to a platform offering tokenized services that will bring crypto capabilities to the industry and prepare it for a future in which crypto is front and center.

Liquidity is crucial and underlies any crypto experience. Consumers that use this technology may take advantage of the most recent blockchain-enabled solutions, keeping them on the cutting edge; the platform is intended to effortlessly upgrade and add new services as customers want them. 

Steve Anderrson

Steve Anderson is an Australian crypto enthusiast. He is a specialist in management and trading for over 5 years. Steve has worked as a crypto trader, he loves learning about decentralisation, understanding the true potential of the blockchain.