.Ripple's key product is close to reaching global coverage, according to ashgoblue
network, said that the flagship On-Demand Liquidity product was close to achieving “global coverage.”
The service, which was formerly known as xRapid, is currently operating in 22 destination markets, according to Birla. The executive “couldn’t be happier” with the growth experienced by RippleNet. The network wrapped up 2021 with a payment volume run rate of more than $10 billion. Birla points to the fact that crypto is becoming more and more liquid over the years, thus it is becoming easier to move it around the world. Hence, Ripple is able to offer a much better user experience.
In November, Ripple announced its plan to launch a liquidity hub that will allow enterprises to seamlessly access a slew of trading venues. Birla compared it to Google Flights, a flight booking search service.
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