Ripple Sold $226M of XRP in Q4; Sees Strong Growth in On-Demand Liquidity Product

.Ripple said it has continued to sell XRP only in connection with on-demand liquidity (ODL) transactions, adding that the product saw continued growth in the last quarter. By shauryamalwa.

The centralized fintech company builds global payment products and developed the XRP payment system, which the firm describes as decentralized. And while Ripple and XRP are separate entities, Ripple uses XRP and XRP's public blockchain to power its various products.

Ripple said it has continued to sell XRP only in connection with on-demand liquidity transactions, adding the popular product saw continued growth in the last quarter after experiencing its “strongest” year. “Ripple’s crypto-powered payment solution is available in nearly 40 payout markets, up from just three markets in 2020,” the firm said.

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