Coin Edition -
- Simon McLoughlin said Uphold would function as a node in Ripple’s network of liquidity providers.
- The Uphold CEO noted his company would be operating the UK-Europe, Europe-UK, UK-US, and Europe-US corridors.
- Uphold plans to set up an initial liquidity volume of around $5 billion a year.
Simon McLoughlin, CEO of Uphold, has said that his company’s role in the recently established partnership with Ripple is to function as a node in Ripple’s network of liquidity providers. McLoughlin explained that Uphold’s role would be to convert XRP to fiat for bank payouts.
Big thank you to #SimonMcloughlin #CEO #Uphold for this conversation about #Ripple and #Uphold partnership. Get ready beceause here comes Ripple liquidity Hub. Just days away (December). $5 Billion a year to start?