Ripple Grows Despite SEC! XRP Ranks First in This Country’s Exchanges!

for over 2 years SEC struggling with the ongoing legal war between Ripple (XRP) continues to grow despite all the negative aspects and uncertainties of the case.

In this context AustraliaA report from XRP revealed that XRP dominates the majority of the trading volumes of some of the country’s exchanges.

The report by Financial Review stated that Ripple accounts for the majority of trading volumes on some of Australia’s largest cryptocurrency exchanges.

According to the report, this is a result of the primary use of international payments in the country.

According to the data presented in the report, XRP accounted for 82% of all cash volume on the Independent Reserved exchange in the country, while it was stated that XRP accounted for 62% of the cash transaction volume at Melbourne-based BTC Markets.

BTC Markets in Australia Rippleindicating that ‘ is an ODL partner Caroline Bowler, CEO of BTC MarketsHe said that this is the reason why the exchange took a larger share of XRP trading volumes, which is also normal.

“ODL helps companies effectively manage cross-border payments without requiring correspondent banking and upfront financing costs.

It uses XRP to help facilitate part of that process, hence the trading volumes on our platforms.

In this context, it is normal for XRP to have a larger percentage on our platform.”

*Not investment advice.