Finance News
By Dan Saada
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Ripple (XRP) Community Alerts and Snippet News
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Reportedly, tracking XRP liquidity is important to support the direction of On-Demand liquidity (ODL) service.
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In a cross border payment process between two currencies in a trading pair, XRP is used as the bridge in the process.
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This they feel is important because as they continued to provide cross border payment services, it was not enough to just compare the rates.
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Competitiveness, capacity and the relative liquidity efficiencies of the origin exchange and destination exchange are to be considered.
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They have therefore used a dislocation metrics to assess the depth of liquidity at exchanges. When multiple exchanges are involved there will be a significant impact in the price.
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To explain this best Ripple Engineering are proposing a concept: “Dislocation is then the competitiveness of an exchange’s XRP-fiat price to the XRP reference price in that fiat.
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Talking in this regard, Sydney Ifergan, the crypto expert tweeted: “Ripple (XRP) are transacting huge volumes and therefore dislocation metrics is used to arrive at a…
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Regarding Regulatory Clarity: Community member asked Garlinghouse on who orwhat entity do the banks need to create regulatory clarity and what regulations specifically?
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Of note, Brad Garlinghouse does not have any doubt about banks using these technologies once regulatory clarity is achieved.
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Institutional Adoption and DeFi: One of the community member pointed to how there is a continued rise of institutional adoption and DeFi marked crypto markets in Q3.
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Ripple as a Green Currency: Ripple are also establishing environmental friendliness by establishing that they are trying to reduce the carbon foot print.
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