Pushing this level of volume through popular remittance routes has made Ripple a top-100, cross-border payment player.
Ripple’s development arm is bankrolling an initiative to connect XRP to ETH. A bridge between the two would open up DeFi on Ripple and more.
XRP has collapsed in value in recent days, with trading volumes halving in the last week.
Don’t miss out on breaking news
Get the latest headlines on your favorite cryptocurrencies.