More and more companies use XRP and Ripple products for international money transfers

According to data from the top cryptocurrency exchanges in Australia called BTC Markets, more and more companies are using Ripple and XRP for international money transfers.

CEO Caroline Bowler of BTC Markets said the partnership that the floor has signed with Ripple last year has created a wave of new trading volumes coming from the business.

_{Source IMDB}
Companies are using assets (XRP) for making cross-border payments more efficient. This use case is a real distinct highlight from the other digital assets.

Use XRP to cut transaction fees and perform the entire payment process on the same day to bring real benefits and fix problems in the traditional money transfer system.

XRP is indeed a bridge between the traditional financial institutions and the new world of fintech.

The incredible thing about ODL is that businesses that use XRP to make international payments are accelerating our trading platform volume, the only token in the cryptocurrency market to do this.

They fit our business model perfectly and give us a huge competitive advantage.

Although Ripple does not release data on exact trading volumes moving through ODL, the crypto exchange has recently revealed that from January 4/2019 to January 4/2020, the floor has moved 179 million to the remittances provided by XRP.