Ripple opens up Liquidity Hub to Brazil and Australia

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The service allows businesses to access multiple liquidity pools and trading features that include post-trade settlement.

said Thursday that it's opening up its Liquidity Hub platform that provides businesses a"streamlined" way to buy, sell and hold digital assets to Brazil and Australia.has strong connections to these regions from our existing businesses, and have found innovative firms that are looking to adopt crypto to meet their end customer's payments and liquidity needs," the company said in an emailed response to questions from The Block.

The service allows businesses to access multiple liquidity pools and advanced trading features that include post-trade settlement through a single API. The service was already available in 35 U.S. states including California, Pennsylvania, Georgia, Michigan, Arizona and Colorado.Ripple Head of Liquidity Products Brad Chase said the company has been adding new features to the platform.

"This greatly improves the customer experience for a variety of customer segments that can benefit from Liquidity Hub, including NFT marketplaces, crypto ATMs, and brokers," it added. © 2023 The Block. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

 

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