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.
A few #XRP powered ODL stats:
25x growth outside US
Incentives down 90%
We’re just getting started. https://t.co/9bSb53ceZ7
— Craig DeWitt (@CryptoCwby) October 29, 2021
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