{"id":470,"date":"2023-09-21T11:18:32","date_gmt":"2023-09-21T11:18:32","guid":{"rendered":"http:\/\/www.seafan.me\/?p=470"},"modified":"2023-10-14T23:09:18","modified_gmt":"2023-10-14T23:09:18","slug":"ripples-strategic-decision-why-xrp-wasnt-included-in-the-liquidity-hub","status":"publish","type":"post","link":"http:\/\/www.seafan.me\/index.php\/2023\/09\/21\/ripples-strategic-decision-why-xrp-wasnt-included-in-the-liquidity-hub\/","title":{"rendered":"Ripple\u2019s Strategic Decision: Why XRP Wasn\u2019t Included in the Liquidity Hub?"},"content":{"rendered":"<p><img loading=\"lazy\" width=\"1024\" height=\"536\" src=\"data:image\/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==\" class=\"webfeedsFeaturedVisual wp-post-image lazyload\" alt=\"ripple\" decoding=\"async\" style=\"display: block; margin-bottom: 5px; clear:both;max-width: 100%;\" link_thumbnail=\"\" sizes=\"(max-width: 1024px) 100vw, 1024px\" data-src=\"http:\/\/www.seafan.me\/wp-content\/uploads\/2023\/09\/ripple-1-1024x536-1.png\" data-srcset=\"http:\/\/www.seafan.me\/wp-content\/uploads\/2023\/09\/ripple-1-1024x536-1.png 1024w, https:\/\/image.coinpedia.org\/wp-content\/uploads\/2023\/09\/21173631\/ripple-1-300x157.png 300w, https:\/\/image.coinpedia.org\/wp-content\/uploads\/2023\/09\/21173631\/ripple-1-768x402.png 768w, https:\/\/image.coinpedia.org\/wp-content\/uploads\/2023\/09\/21173631\/ripple-1-150x79.png 150w, https:\/\/image.coinpedia.org\/wp-content\/uploads\/2023\/09\/21173631\/ripple-1.png 1200w\"><\/p>\n<p>The post <a rel=\"nofollow\" href=\"https:\/\/coinpedia.org\/ripple\/ripples-strategic-decision-why-xrp-wasnt-included-in-the-liquidity-hub\/\">Ripple\u2019s Strategic Decision: Why XRP Wasn\u2019t Included in the Liquidity Hub?<\/a> appeared first on <a rel=\"nofollow\" href=\"https:\/\/coinpedia.org\">Coinpedia Fintech News<\/a><\/p>\n<p>Ripple\u2019s choice not to add XRP to the liquidity pool has swayed the community. Is Ripple afraid of SEC interference or trying to distract the agency\u2019s attention from the native token?\u00a0<\/p>\n<p>Recently, Ripple has expanded its Liquidity Hub program to make room for stablecoins USDT and USDC products, catering primarily to institutional investors. However, it was caught in endless rumors soon after this was announced. XRP fans were disappointed as XRP was not on the list, despite a win in the US court ruling marking XRP\u2019s classification as a digital asset rather than a security. Experts have analyzed the scenario, and here are the possible reasons why XRP is missing in Ripple\u2019s flagship venture.\u00a0<\/p>\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\">\n<div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Ripple isn&#8217;t abandoning <a href=\"https:\/\/twitter.com\/hashtag\/XRP?src=hash&amp;ref_src=twsrc%5Etfw\">#XRP<\/a>, they own billions. It&#8217;s used as a &#8220;strategic weapon&#8221; (David Quote\/<a href=\"https:\/\/twitter.com\/stedas?ref_src=twsrc%5Etfw\">@stedas<\/a> Oct18&#8217;18). To become an Amazon one must expand, giving clients what they want (Stablecoins etc).<br \/><img src=\"data:image\/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==\" alt=\"\ud83d\udc49\" class=\"wp-smiley lazyload\" style=\"height: 1em; max-height: 1em;\" data-src=\"https:\/\/s.w.org\/images\/core\/emoji\/14.0.0\/72x72\/1f449.png\">Surprise Ripple DEV interview with insight into <a href=\"https:\/\/twitter.com\/hashtag\/ETH?src=hash&amp;ref_src=twsrc%5Etfw\">#ETH<\/a> ecosystem expansion is\u2026 <a href=\"https:\/\/t.co\/Pv7g8idILh\">pic.twitter.com\/Pv7g8idILh<\/a><\/p>\n<p>\u2014 <img src=\"data:image\/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==\" alt=\"\ud83c\udf38\" class=\"wp-smiley lazyload\" style=\"height: 1em; max-height: 1em;\" data-src=\"https:\/\/s.w.org\/images\/core\/emoji\/14.0.0\/72x72\/1f338.png\">Crypto Eri <img src=\"data:image\/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==\" alt=\"\ud83e\ude9d\" class=\"wp-smiley lazyload\" style=\"height: 1em; max-height: 1em;\" data-src=\"https:\/\/s.w.org\/images\/core\/emoji\/14.0.0\/72x72\/1fa9d.png\">Carpe Diem (@sentosumosaba) <a href=\"https:\/\/twitter.com\/sentosumosaba\/status\/1704703479762374960?ref_src=twsrc%5Etfw\">September 21, 2023<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>\n<\/div>\n<\/figure>\n<h2 class=\"wp-block-heading\"><strong>Crypto Eri Dispels Notion of XRP Neglect<\/strong><\/h2>\n<p>Looking at the market sentiments, Crypto Eri, a prominent figure in the XRP community, refutes claims of Ripple sidelining XRP for global payments. She projected a strong client demand for stablecoins like USDT and USDC, which is the driving force behind their inclusion in the Liquidity Hub. <\/p>\n<p>Moreover, Crypto Eri underscores the growing influence of stablecoins in payment processing. According to a Bloomberg report, stablecoin payments surpassed those made through Mastercard in 2022, with stablecoins processing over $6.87 trillion, compared to Mastercard\u2019s $6.57 trillion. XRP has everything yet needs to play the underdog as the market is <a href=\"https:\/\/coinpedia.org\/news\/xrp-lawsuit-sec-can-only-settle-with-ripple-only-in-one-condition-says-john-deaton\/\">still crippling with SEC\u2019s aggressive outlook on crypto assets.\u00a0<\/a><\/p>\n<p>Also Read : <a href=\"https:\/\/coinpedia.org\/news\/ripple-news-big-banks-are-shifting-to-xrp-could-it-really-rival-bitcoin\/\">Ripple News: Big Banks Are Shifting to XRP; Could It Really Rival Bitcoin?<\/a><\/p>\n<h2 class=\"wp-block-heading\"><strong>Legal Outlook: Grey Areas Remain<\/strong><\/h2>\n<p>On the flip side, as we all know, there is a legal process that can\u2019t be ignored, as Ripple has only won half the battle. Bill Morgan, a leading advocate for XRP, commented on the legal side surrounding Ripple\u2019s interactions with XRP. While it\u2019s clear that XRP is not a security, uncertainties persist regarding how Ripple employs the digital asset within its global operations. To safeguard customer interest from SEC\u2019s scrutiny, Ripple is refraining from adding XRP at this time.\u00a0<\/p>\n<h2 class=\"wp-block-heading\" id=\"h-what-ripple-has-to-say\"><strong>What Ripple has to say<\/strong><\/h2>\n<p>Given <a href=\"https:\/\/coinpedia.org\/altcoin\/ripple-news-xrp-market-depth-hits-12-million-despite-regulatory-challenges\/\">Ripple\u2019s significant holdings of XRP<\/a>, replacing it with other cryptocurrencies for cross-border payments would be impractical. Additionally, Ripple\u2019s Chief Technology Officer, David Schwartz, emphasizes the strategic importance of XRP within Ripple\u2019s ecosystem.<\/p>\n<p>The SEC dispute has affected XRP\u2019s liquidity in the US market. However, Ripple\u2019s CEO hints that after the legal proceedings conclude, there may be potential to incorporate XRP into the Liquidity Hub, contingent on ample liquidity in the US market.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The post Ripple\u2019s Strategic Decision: Why XRP Wasn\u2019t Included in the Liquidity Hub? appeared first on Coinpedia Fintech News Ripple\u2019s choice not to add XRP to the liquidity pool has swayed the community. Is Ripple afraid of SEC interference or trying to distract the agency\u2019s attention from the native token?\u00a0 Recently, Ripple has expanded its [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":472,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[14],"tags":[],"_links":{"self":[{"href":"http:\/\/www.seafan.me\/index.php\/wp-json\/wp\/v2\/posts\/470"}],"collection":[{"href":"http:\/\/www.seafan.me\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.seafan.me\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.seafan.me\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/www.seafan.me\/index.php\/wp-json\/wp\/v2\/comments?post=470"}],"version-history":[{"count":2,"href":"http:\/\/www.seafan.me\/index.php\/wp-json\/wp\/v2\/posts\/470\/revisions"}],"predecessor-version":[{"id":473,"href":"http:\/\/www.seafan.me\/index.php\/wp-json\/wp\/v2\/posts\/470\/revisions\/473"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/www.seafan.me\/index.php\/wp-json\/wp\/v2\/media\/472"}],"wp:attachment":[{"href":"http:\/\/www.seafan.me\/index.php\/wp-json\/wp\/v2\/media?parent=470"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.seafan.me\/index.php\/wp-json\/wp\/v2\/categories?post=470"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.seafan.me\/index.php\/wp-json\/wp\/v2\/tags?post=470"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}