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XRP Performs Well In Australia

Emily Mason

Summary: The liquidity index for XRP/AUD jumped to 15.417 million on Friday, May 29, according to the Liquidity Index Twitter bot. XRP liquidity in Australia has been on the steady rise since the start of May. The increase in the adoption of Ripple and XRP by businesses in Australia can be used for cross-border payments, as ...

The liquidity index for XRP/AUD jumped to 15.417 million on Friday, May 29, according to the Liquidity Index Twitter bot.

XRP liquidity in Australia has been on the steady rise since the start of May. The increase in the adoption of Ripple and XRP by businesses in Australia can be used for cross-border payments, as reported by ambcrypto.com.

CEO of BTCMarkets in Australia said in a recent interview that using XRP for cross border transactions cuts fees and allows for same-day payments. She added that XRP acted as a bridge between the traditional financial world and the crypto world.

By Emily Mason

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