The XRPL AMM's implementation, scheduled for 22nd of March, comes after validators reached a consensus on 15th of March...
As Ripple’s XRP ledger Automated Market Maker prepares for its upcoming launch within the next three days, the XRPL community finds itself immersed in discussions about its capabilities and potential.
Among the many questions that are circulating right now, one pertinent Q is – Will the AMM exclusively cater to XRP pairs?Countering predominant XRP-centric reports, Schwartz assured everyone that the AMM would support various cryptocurrencies. “I suspect AMMs where one of those assets is XRP will be the most popular, but that’s just my expectation.”
This spectrum of asset pairs could include CORE/XRP, FURY/USD, and CSC/RPR, reflecting the platform’s inclusivity. Despite this adaptability, Schwartz anticipates XRP’s dominance in AMM pools, citing its network prominence and role as the primary gas token. While participants can trade various assets, XRP’s prevalence can be expected here.Scheduled for 22 March, XRPL AMM’s implementation will follow the validators’ consensus on 15 March, marking a pivotal moment for the network. Pivotal because many are anticipating what its impact will be on XRP’s price on the charts.
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