- Ripple will be launching its Liquidity Hub.
- This hub will start operating in 2022.
- People consider Liquidity Hub as Ripple’s own version of a cryptocurrency exchange.
San Francisco-based Ripple announced that it will be launching Ripple Liquidity Hub in 2022. According to a tweet, this platform will empower users to “source, trade, move, and manage” cryptocurrency assets.
Ripple said that this hub will use “smart order routing” for enterprises to enable their customers to “buy, sell, and hold digital assets”. By and large, this will provide them additional revenue streams.
Many in the crypto community interpret the platform as Ripple’s own version of a cryptocurrency exchange since it will ultimately enable users to trade cryptocurrency, one way or another.
People interested in the service can already join the waitlist by clicking here. Meanwhile, XRP price is at $1.24 at the time of writing, according to CoinGecko.
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