Will XRPL AMM just cater to XRP? Ripple’s CTO has this to say
XRPL AMM’S launch sparks discussions on inclusivity, potential gains for XRP holders, and market dominance.
As Ripple’s XRP ledger (XRPL) Automated Market Maker (AMM) 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?
To address such ongoing concerns, Ripple CTO Davis Schwartz took to X and noted, “AMMs can be created with any two assets supported by the XRP Ledger.”
XRP holders and AMM Recently, The Crypto Basic highlighted potential gains for XRP holders through AMM liquidity pools, but a discussion about other assets’ inclusion was lacking. Countering predominant XRP-centric reports, Schwartz assured everyone that the AMM would support various cryptocurrencies.