XRP accounted for 62% of volumes on Melbourne-based BTC Markets and 82% of volumes on the Independent Reserve exchange over the past 24 hours.
"Effectively, ODL helps companies manage cross-border payments without requiring correspondent banking and pre-funding costs, It uses XRP to help facilitate part of this process, hence the trading volumes on our platforms. It is a larger percentage on our platform, as crypto market volumes overall are still relatively flat across the industry." Bowler was quoted as having said.
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