Despite fluctuations in global financial markets, Ripple $2 continues to develop the XRP ($2.22) Ledger (XRPL) infrastructure. The company aims to provide blockchain-based solutions for international payments and institutional finance. Newly integrated functions in XRPL strive to enhance payment and liquidity management efficiency for financial institutions.
New Technological Developments in XRPL
Ripple focuses on adding new features to the XRP Ledger to make financial services more effective. The system, notable for its decentralized exchange (DEX) and low transaction fees, now also includes an Automated Market Maker (AMM ($0.02)) function. This feature offers a more balanced and efficient market environment for liquidity providers.
Furthermore, decentralized identification (DID) systems enhance the security of user data. These technologies enable financial institutions to use blockchain technology securely and in compliance with legal standards.
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