Welcome back to the show everybody check Out these headlines we got for you today Ripple launches the Ripple liquidity Hub Oh we got so much to get into somebody Rolled that beautiful intro Digital perspectives with Brad kimes Come on in Welcome back to the show everybody you Can follow us on Twitter and YouTube for Exclusive content right now it's 1.33 Trillion dollar market cap for Cryptocurrency the market is up by 2.1 Percent in the last 24 hours Bitcoin Strong over 30 600 plus and we see Ethereum twenty one hundred dollars and 10 cents tether is sitting at 80.7 billion plus Watching closely 52 cents for xrp were Up 3.1 percent of the 24 hour 4.6 on the Seven day let's get into this ladies and Gentlemen if you want to buy Ripple Shares which is not xrp but you want to Actually get private equity in the Company Ripple you could do it on link Two and I tell you we have a lot to talk To talk about today when it comes to Seamlessly bridging traditional Fiat Systems with the new world of crypto Because that's what the Ripple liquidity Hub does click the link underneath the Video for link two and check out the Sponsor and get that private Equity it's Going to run out at some point we know What's going on a ruling in the case is
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Coming and once we get clarity Ripple Has said Brad goldinghouse has told all Of us the CEO Ripple that they Absolutely plan on doing an IPO at some Point so make sure you check it out Before time Runs Out Token is a real world I said Bank of America sees the tokenization of real World assets such as Commodities Currencies and equities as a key driver Of digital asset adoption funny enough You can get poly sign which can handle That situation very well in a compliant Way you can get that private equity on Link too also And I'm inclined to agree with him you Guys know I'm here shout out to Cowboy Crypto shared the Ripple sign over top Of Bank of America there just as to send It home right and again we're going to Be talking about the Ripple liquidity Hub here I tell you this is exciting but So is this shout out to breath of common For this D local a ripple net user has Created a white labeled payment platform Called for platform a single platform to Manage money for businesses Multi-currency support one API to Connect the world it comes awfully close To a bank how about that oh but wait There's more This is what came out here from Ripple The liquidity Hub is open for business Baby our business to business B2B crypto
Liquidity API solution how about that Another birthday gift for my birthday Yesterday Ripple liquidity Hub launch it They must have known Hey let's take a look at it right here Because there is something we want to Get into about this and this is one of The statements that sticks out Liquidity Hub was created in response to The Gap and inefficiencies associated With Bridging the world of crypto and Fiat I'm going to say that line one more time Because we have some You know some people believe that it's Not involving xrp and you know some People believe otherwise but you know Time tells on us all that's the Beautiful part to this Maximizing crypto liquidity the Liquidity hub Was created in response to the Gap in Inefficiencies associated with bridging The world of crypto and Fiat which is Exactly what xrp does by the way Bridge Things right it is one of the few Projects actually in the crypto space That Bridges The Fiat world To the digital asset World albeit crypto Or otherwise Even Bridging the digital assets that The Bank of America is excited about Right
It functions as a stand-alone solution Or an extension of our cross-border Payment solution which leverages our Global Network to provide Partners Access to pay out rails worldwide This is remarkable ladies and gentlemen It really really is so then it goes on Here and I do want to share there was One other spot here I wanted to share With this uh if you look at this reduced Cost fees trap Capital available 24 7 365. liquidity Hub leverages smart order Routing to Source a variety of digital Assets at optimize prices across Multiple liquidity venues including Market makers exchanges and OTC desks These deep liquidity pools from multiple Providers ensure liquidity is sourced When you need it from USD to BTC to eth Etc bch and LTC By optimizing crypto pricing and Liquidity across asset pairs businesses Can realize significant cost savings on High volume transactions like treasury Management Now one of the things I wanted to Highlight here is this right here Because you notice it doesn't say xrp Well that's okay let's talk about it After the pilot ripples liquidity Hub is Now live keynote it functions as a Standalone solution or extension of Cross-border payment which leverages our Global Network to provide Partners
Access to payout rails worldwide the Correction wrath common makes here he Says is is that it seems that the line About liquidity Hub available as a Standalone extension or an extension Should be interpreted to mean that the Liquidity Hub is available without Respect to any ripponet product and I Think that is a great delineation Because Ripple net me it what I took From this is I think essentially what He's suggesting here is that I took from This that you don't have to join Ripponet to use Ripple liquidity Hub and That's a beautiful thing and remember Ripplenet is not settlement of xrp On-demand liquidity is right however What we find interesting is if we go Back just one year ago and let us Remember as this new information of Launching Ripple liquidity hub Would I'd find it pretty let me play This clip of Ashish burla please let me Do this you're gonna steal my corner Because I want to get into a corporation Should or should not be doing right now That's right this is one year ago is That trading is there a trading Component too well underpinning uh you Know liquidity is the buy and sell uh You know and the definition of uh you Know liquidities that buy and sell so we Offer an interface that enables Enterprises to buy and sell crypto so
You know we are you can think of us as Uh an integrator and aggregator across a Number of exchanges if you're familiar With kayak or Google flights it's sort Of an uh integrator across a number of Different travel websites I think and You could also say Progressive Insurance That shows you all the different Insurance rates for the policy you're Looking for and the coverage you're Looking for uh aggregator right remember These things remember these words we're Coming back to this keep listening think About liquidity Hub as aggregating Crypto liquidity across a number of Venues today a lot of centralized ones But I think in the future decentralized Liquidity is going to become more Important and I'm excited to head that Way as well with the product to the Crypto noobs out there on the Yahoo Finance platform does this put you in Competition with the coinbase and Robinhood Uh well so Robin Hood I think is a front End and you know they have a lot of Different uh trading venues with Coinbase uh you know coinbase is a Centralized exchange uh you know we Would sit on top of a company like Coinbase and aggregate that exchange uh Liquidity across a number of venues Remember that and so you know not only Just uh potentially coinbase but you
Know bitstamp and all the other Exchanges out there were like that Aggregator layer uh again today Centralized but in the future I think The Market's gonna have more and more Decentralized in terms of exchanges uh That's where we want to be as a product As well and you know what and and that Makes sense to me in albeit that was From a year ago and shout out to sheesh Perler for that from a year ago and Yahoo here's what I have to say about This the the new information here that Doesn't necessarily highlight xrp Could quite possibly be just as simple As the fact that for one we're still Waiting for a ruling in the case So they've obviously probably don't want To highlight that fact for the moment in Marketing materials until the ruling is Out and definitive that's what makes the Most sense to me But if we go back one year yet again Listen to this very quick clip here Liquidity Hub will support Bitcoin ether Xrp Litecoin ethereum classic and bch But over time we plan to expand this set Of assets and we provide liquidity for Uh for especially as as more assets Tokenized on blockchains That makes the most sense right there And you wouldn't use xrp aimlessly just For every single transaction has been Told to us numerous times whether it was
David Schwartz or James Wallace or many Other people Xrp would only be used where applicable As a solution the best solution to make That particular transition or or Transaction or Market That's the real truth I believe now I am I speculating well I am I am speculating A little bit because they didn't put xrp Here but you know why I feel good about That speculation let me tell you why I Feel good about that speculation I feel Good about the speculation simply on This note Xrp Is an asset that just so happens to be The greatest asset That Ripple holds And they sell it they hold it as zero on Their balance sheet and sell it to People that are market makers To be able to make a market with it If you believe that Ripple liquidity Hub Is absent in a hundred percent absent Of its use of xrp where applicable where It would be applicable and you believe That it is not going to be used then Ripple has just done their self a Disservice to develop a product that Doesn't accentuate at least to some Degree where applicable the use of their Greatest asset that they hold on their Books But some people believe it
Ripple liquidity up is now live for Businesses with no mention of xrp Again my speculation is is that due to The lack of a ruling in this case I Would imagine for marketing materials They decided to leave that particular Portion out and I don't find that to be Deceiving at all what I find it to be is Ripple positioning yourself to focus on Showing the world that we are a solution And if not we build the solution that's Necessary to bridge the Fiat world into The digital world we're moving into I Literally think it's that simple Now before we get out of here let's take A look at this because I believe we get A ruling in this case and that final Wake-up line today Greg crypto talks About all the time May finally wake up And if it does we could be chasing down 90 cents a lot sooner than any of us Think but if it doesn't we know that the Danger support could fall back to 49 Cents and even below that we all know About that 33 Cent level that none of us Really want to see again unless you Haven't had a chance to get your bags Right so however it goes we are watching Closely are we weeks are we a month Or are we days away from a ruling We're very very close now and I can't Wait because you know what once we get a Legal ruling in this case it may not be Over but I'll tell you what we will
Learn a lot more about how the law Applies when it comes to a digital asset Xrp and maybe just maybe it works out That xrp is the only one with true legal Clarity compared to the 20 plus thousand In this space and what would that look Like on the other side of a ruling like That Not Financial advice for me or anyone Else just my digital perspectives happy Friday I'll catch all of you on the next One
