XRP Liquidity Value Skyrockets to New Highs in Two ODL-Powered Corridors
The Twitter bot that regularly shares data on XRP liquidity in three of Ripple’s ODL corridors has reported that, in two of them, the liquidity index value is now well above the previous all-time highs.
New XRP all-time highs reached
The new ATHs have been reached in Australia (the BTC Markets exchange) and Mexico (Ripple-backed Bitso exchange).
Liquidity Index for BTC Markets XRP/AUD (28-day moving trend)
— Liquidity Index Bot (@LiquidityB) April 16, 2020
Day progress: 42%
Today so far: 15,094,995
All Time High: 12,456,987
Data: https://t.co/zlBcWd0sYI pic.twitter.com/EJcsfeysjm
The surge above previous ATHs is quite significant – about 2.5 mln for BTC Markets and 2.1 mln for Bitso.
Liquidity Index for Bitso XRP/MXN (28-day moving trend)
Day progress: 42%
Today so far: 33,691,953
All Time High: 31,514,757
Data: https://t.co/v07j0Xh3s1 pic.twitter.com/LJ3G1ZE6u1— Liquidity Index Bot (@LiquidityB) April 16, 2020
Ripple adds MoneyMatch app to RippleNet
As earlier reported, Ripple shared news of partnering with the Malaysian MoneyMatch payment platform, which works with small and medium sized enterprises (SME) and banks.
With RippleNet, its customers in over 120 countries, including Malaysia itself, will now be able to transact funds much faster and cheaper than with regular FX-transactions.
The article on Ripple’s website did not say anything about the use of XRP, though.
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