Ripple has published its Q4 of 2022 report. Ripple said that it believes proactive communication and transparency are part of being a responsible stakeholder and urged others in the industry to build trust, foster open communication and raise the bar industry-wide.
Notable takeaways in Ripple’s report are as follows:
- On Demand Liquidity (ODL), Ripple’s crypto-enabled cross-border payments solution, launched in France, Sweden and Africa, now available in nearly 40 payouts markets.
- Total XRP sales by Ripple, net of purchases, were $226.31M vs. $310.68M the previous quarter.
- Peersyst released the first phase of the Ethereum Virtual Machine (EVM) sidechain for the XRP Ledger (XRPL) on Devnet which allows DeFi applications like Uniswap, Aave and Compound to easily launch on the XRPL.
