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Ripples On-Demand Liquidity has Experienced A Record Quarter

From Ripples latest Q3 Report, we have found out that Ripple has had a record Q3 for on deamdn liqduity usage and is on pace to have a record Q4.

 

Published from a recent Ripple Insights:

RippleNet Sees Unprecedented Global Growth and Scale in 2021

RippleNet has seen its best year to date with massive growth globally:

  • ODL customers today can now access over 20 countries around the world for their payment needs.
  • Since Q3 last year, transactions over RippleNet have more than doubled and ODL transactions are up 130% quarter over quarter.
  • ODL transactions in Q3 accounted for 25% of total dollar volume across the network
  • While our U.S. ODL flows were essentially halted due to regulatory uncertainty, international ODL volume has continued to surge, with volume growing more than 25x since Q3 last year.

 

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