Crypto news has been fairly slow this week, minus a few major announcements. Huobi Global just announced support for XRP. Another piece of news that should excite investors is IBM releasing its new X-Force Red.

Huobi Adds XRP to OTC Trading Desk

#Huobi OTC #announcement is now here!$XRP @Ripple (available on Binance) will launch on #Huobi #OTC at 10:00 6 March.Details here: https://t.co/BsBc3KEN37 @bgarlinghouse #Ripple (available on Binance) pic.twitter.com/cpCZjG0Cmv
— HuobiGlobal (@HuobiGlobal) March 5, 2019

Yesterday, Huobi released word that XRP would launch on its OTC platform today, making this the biggest piece of crypto news circulating today. The XRP Huboi launch was set at 10:00 (GMT-8). Huobi is currently the ninth-largest cryptocurrency exchange by its 24-hour exchange volume.

XRP now joins Bitcoin (available on Coinbase), Ethereum (available on Coinbase), EOS, TETHer, and Huobi Token, among the coins supported on the OTC trading platform. This platform offers an exchange bridge between digital currencies and fiat currencies.

OTC trade desks have become extremely popular as of late. Many crypto news sites have been heavily following the OTC movement, and it seems Huobi is trying to compete with the other major exchanges such as Binance and Bittrex.