On-Demand Liquidity from Ripple becomes more popular
The cross-border payment product Ripple has become 9 times more popular since 2021.
We are talking about On-Demand Liquidity (ODL), with the help of which users get the opportunity to transfer funds to users from another country and even a continent.
However, treasury transfers and mass payments provided the largest flow in the network. In the second quarter of 2022, the movement of funds within the Ripple network in terms of fiat amounted to $2.12 billion.
XRP showed the highest growth rate on July 30 among the top 30 crypto assets. Thanks to this, he overtook ADA and took 6th place in the TOP.
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