XRP Markets Report For Q1 2020: ODL Is More Popular Than Ever, While Ripple’s XRP Sales Have Hit A New Low

[bitcoinisking]

Ripple’s On-Demand Liquidity (ODL) payments network tripled in volume during the last quarter, according to the newly released Q1 2020 XRP Markets Report.

In Q1 2020, total XRP sales were $1.75 million (USD) vs. $13.08 million the previous quarter. In addition, Ripple continued the pause of programmatic sales, focusing solely on its over-the-counter (OTC) sales to build XRP utility and liquidity in strategic regions including EMEA and Asia. Total sales (OTC-only, given programmatic pause) ended the quarter at 0.6 bps of CCTT. This is compared to total sales in the previous quarter (OTC + programmatic) of 8bps of CCTT, representing a 99.3% drop

https://azcoinnews.com/xrp-markets-report-for-q1-2020-shows-the-odl-is-more-popular-than-ever-while-ripples-xrp-sales-have-hit-a-new-low.html