Liquidity Hub; Ripple’s New Product Launching In 2022 - High Tech Blog - Crypto Guide, Alt Coins, Viral News, Gossips | LoadedPulseHigh Tech Blog – Crypto Guide, Alt Coins, Viral News, Gossips | LoadedPulse Liquidity Hub; Ripple’s New Product Launching In 2022 - High Tech Blog - Crypto Guide, Alt Coins, Viral News, Gossips | LoadedPulse

Liquidity Hub; Ripple’s new product launching in 2022

Liquidity Hub; Ripple’s new product launching in 2022

Ripples

TL; TR Breakdown

  • Liquidity Hub; Ripple’s new product launching in 2022
  • Liquidity Hub is a financial service product from RippleNet for efficient cross-border financial transactions and capital funding services.
  • RippleNet’s Liquidity Hub will launch in 2022 after licensing and fulfilling all regulatory and legal requirements.
  • RippleNet’s Liquidity Hub has already added Coinme as a partner.

Liquidity Hub; Ripple’s new product launching in 2022, Ripple unveils Liquidity Hub, a service that provides cryptocurrency services to their corporate clients and helps them source instant crypto liquidity from worldwide. Ripple has been a leading provider of financial solutions and cross-border payment services in the blockchain and cryptocurrency space since 2014.

 

According to Asheesh Birla, RippleNet’s General Manager, in an on-air “Crypto goes mainstream” interview with YahooFinance, Liquidity Hub was born out of the perennial demand for a platform to source for liquidity. These services will not be limited to Ripple (XRP), covering other cryptocurrencies like BTC, ETH, LTC, etc.

What is Liquidity Hub?

Liquidity Hub, which is set to launch in 2022, is an efficient and easy one-stop liquidity management platform that will allow users to source liquidity from a wide range of providers. It will offer an interface (an aggregator layer) that enables companies to transact cryptocurrencies at the best market price.

 

 

Since 2018, RippleNet has used its product, Liquidity Hub, to facilitate transactions worth billions of US dollars. By popular demand from customers, it is ready to bring this financial service to the general public. It will integrate the BitcoinEthereum, BitcoinCash, Ethereum Classic, and several other crypto-assets into its on-demand liquidity platform as time goes on.

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Why Liquidity Hub?

Liquidity hub offers a wide range of features, and it tends to leverage existing global liquidity in individual payments platforms.

 

It promises an easy and efficient onboarding process for startups. It saves financial institutions the time and financial commitments required to source for crypto engineers who are currently in low supply. Instead, they can easily integrate RippleNet’s Liquidity Hub into their systems and train their IT staff on the new technology.

Also, it offers a cost-effective cross-border payment option because of the removal of third parties in transactions. It allows enterprises to give their customers the best price through their price aggregator feature from a large liquidity pool.

RippleNet believes they stand the best chance to give the best quality financial services/solutions in the crypto and blockchain space. They already have a record of meeting expectations in the financial service sector of the blockchain space.

 

In terms of security, RippleNet claims to be the best and most experienced in securing blockchain transactions through cryptography algorithm.

RippleNet’s Liquidity Hub already added Coinme as a partner. Coinme is one of the USA’s largest licensed cash-for-bitcoin exchanges, with over 20,000 locations in the U.S. Coinme plans to leverage RippleNet’s Liquidity Hub to complete transactions 24/7, 365 days, giving their users the best prices on their crypto assets.

RippleNet plans to add more features to its cross-border payment services as time goes on. The launch of Liquidity Hub would vary by jurisdiction as licensing and other legal requirements are pending.

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