Ripple Director Outlines How Upcoming XLS-81 Could Boost Institutional XRP Liquidity

The proposed ledger amendment is expected to attract large-scale financial players to the XRP ecosystem by enhancing market depth and accessibility.

XRP

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Terms & Concepts
  • XLS-81: A proposed amendment to the XRP Ledger protocol designed to introduce new features, often focused on improving market making, compliance, or liquidity provision.
  • XRP: The native cryptocurrency of the XRP Ledger, utilized for bridging currencies in cross-border settlements.
  • Institutional Liquidity: Large-scale capital provided by entities such as banks, hedge funds, and mutual funds, allowing for high-volume trading with minimal price slippage.