Ripple’s Liquidity Hub doesn’t utilize XRP, as per legal expert Bill Morgan.
Ripple’s partnership with Tranglo and SBI Remit aims to introduce XRP-enabled remittance to Southeast Asia.
Unraveling the Ripple Controversy
Amid the crescendo of anticipation surrounding the Ripple and US Securities and Exchange Commission (SEC) legal tangle, Bill Morgan, a renowned legal mind, demystified certain misconceptions swirling around in the crypto cosmos on Twitter (now referred to as X).
Reacting to the buzz generated by user CryptoGeek, who spotlighted Ripple’s recent foray into Brazil and Australia with its Liquidity Hub, Morgan clarified that Ripple’s platform hasn’t begun transacting with XRP in these regions. The Liquidity Hub, Ripple’s enterprise-grade crypto trading infrastructure, is crafted for businesses aiming to acquire, dispose, and retain digital assets, not directly targeting the retail trader segment.
Addressing another tweet by MicahPW20, which painted the picture t
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