Ripple Labs, the company behind the XRP token, announced today that it is expanding its Liquidity Hub platform to Brazil and Australia, two regions where it has strong connections and innovative partners.
According to the company's statement, Liquidity Hub is a service that allows businesses to access multiple liquidity sources for digital assets through a single API, as well as offering advanced trading features and post-transaction payment.
Ripple also announced that it is making backend updates to improve customer experience. These include additional trading interface features and improved SLAs for cryptocurrency deposits.
Ripple said Liquidity Hub is available in 35 US states, including California, Pennsylvania, Georgia, Michigan, Arizona and Colorado. The company also stated that it plans to add more features and regions to Liquidity Hub in the future, as well as integrate it with its other products such as RippleNet and Line of Credit.
In its second quarter, the company also said it added support for stablecoins, including USDC and USDT.
“This greatly improves the customer experience for various customer segments, including NFT markets, crypto ATMs and brokers.”
*This is not investment advice.
