BitcoinBlockchainBTCCrypto EducationCrypto News

Ripple's New XRPL Update will transform XRP's Price Volatility into Yield

David Schwartz, Ripple's Chief Technical Officer indicated that an incoming Automated Market Maker (AMM) could transform XRP's notorious price volatility into yield. The AMM, part of XRPLedger's new update, is designed to harvest volatility and stimulate buying pressure, especially when the altcoin's price is dropping.

Unknown1 min read
Share
Ripple's New XRPL Update will transform XRP's Price Volatility into Yield

David Schwartz, Ripple's Chief Technical Officer indicated that an incoming Automated Market Maker (AMM) could transform XRP's notorious price volatility into yield. The AMM, part of XRPLedger's new update, is designed to harvest volatility and stimulate buying pressure, especially when the altcoin's price is dropping.


Image

Related Reading

Back to Blog

This article is for informational purposes only and does not constitute financial advice.