Ripple, cross border payment service providing firm has been engaged in a legal tussle forced by the U.S. Securities and Exchange Commission (SEC) for a very long time. This has led to an unclear vision of the company and its native crypto in the nation. However, a review report has surfaced suggesting that Ripple is making strong ground in the Australian crypto market.
Ripple XRP emerges as top choice
According to a report by Financial Review, Ripple is dominating trading volumes at some of Australia’s biggest digital exchanges. The current surge is a result of international payments are getting handy as the primary use case in the nation.
As per the data, Ripple’s XRP accounted for 82% of all cash volume on Independent Reserved exchange. However, Melbourne based BTC Markets showed that XRP amounted to 62% of trading cash volume. It mentioned that Ripple volumes stands under 1% compared largest exchanges like Coinbase and Binance.
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