Ripple to Launch Bitcoin and Ethereum Hub, Plans DeFi Offering

From decrypt.co

Ripple is branching out. The San Francisco-based company, whose business strategy has been based around the cryptocurrency XRP since its inception, announced on Tuesday that it will offer its clients a handful of other tokens too. The new service, named Ripple Liquidity Hub, will launch next year and allow clients to buy and sell Bitcoin, Ethereum, XRP, Litecoin, Bitcoin Cash and Ethereum Classic. The so-called hub will plug into Ripple's existing "On Demand Liquidity" platform, which lets banks, market makers, and other financial institutions carry out cross-border payments using XRP if they choose. Ripple says the ... (full story)