On Sep. 14, Ripple, a blockchain company, announced plans to expand its Liquidity Hubs to Brazil and Australia to enhance liquidity management and bolster enterprise-level crypto adoption.
The report notes a significant shift in technology adoption challenges, stating, “If we look back to the ‘90s and the early 2000s, the technical challenge at the time was figuring out how to run an ‘internet business.’”
Presently, the primary obstacle for businesses keen on leveraging crypto technology is its “usability.” Ripple emphasizes that for any enterprise aiming to integrate crypto, “there are core building blocks necessary to run an enterprise crypto business.”
One such cornerstone is liquidity. According to Ripple’s Brad Chase:
Liquidity is one of those key components that make crypto possible — it underpins every element of crypto, and by extension, Ripple’s business as well as any other company that is interested in leveraging the power of crypto solutions for business.
The report notes that managing liq
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Author: Bralon Hill