Ripple’s XRP Sales Ballooned to $717 Million in Q4

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Ripple’s XRP Sales Ballooned to $717 Million in Q4
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.Ripple has reported more than $1 billion in ODL-related Q4 sales

Ripple’s XRP sales have recorded a 46% quarter-quarter increase, according to the company’s recently published Q4 report.

Notably, sales attributed to “On-Demand Liquidity” customers surpassed $1 billion in the fourth quarter. This underscores the growth of the company’s payment solution. Ripple says that it keeps seeing more global demand for the ODL product, which now boasts 20 payout markets.Overall, Ripple sold a total of $717 million in Q4 compared toThe company hasn’t conducted any programmatic sales since the fourth quarter of 2019, which means it didn’t sell any XRP tokens to exchanges during the fourth quarter., Ripple CEO Brad Garlinghouse recently said that his company was in the strongest financial position to date with $1 billion in the bank.

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