The Currency Analytics
By Maheen Hernandez
Ripple (XRP) Regulatory Clarity
The Ripple Engineering team recently explained about why understanding liquidity dynamics in the different markets might be the key to having a successful product.
They have recently published about Implied FX rates as being an early measure of liquidity. To determine the FX rate, the following details are required: “The price of…
Sydney Ifergan, the crypto expert tweeted: “Implied FX as explained by Ripple Engineering is interesting.
A primary measure of liquidity is very important in cross border remittance industry and the formula can be super useful for end users.
Implied FX is not the ultimate, Ripple Engineers are working to come up with a new multi-dimensional visualization of liquidity considering different factors.
They have also discussed about order books with special focus to market orders and limit orders.
Ripple are continuing in their mission to ensure liquidity for everyone by bringing in their product called product called RippleNet’s On-Demand Liquidity service, or ODL.
While all the talks are on, investors are only considered about whether the liquidity will provide for a stable price for XRP.
Brad Garlinghouse recently tweeted: “Thank you @TomEmmer and @DigitalChamber’s PAC for hosting today’s Crypto Town Hall (hopefully the first of many).
Regulatory clarity is expected to add to XRP price; however, we need to see how reality unfolds.