XRP experienced a 20% decline in transaction volume during the second quarter, mirroring trends seen in Bitcoin and Ethereum. Nevertheless, spot trading volumes for XRP held steady for the majority of the quarter. Binance maintained its position as the leading platform for trading activity, while other exchanges such as Bybit and Upbit offered varying levels of contribution. The volume of XRP traded against fiat currencies decreased to 10%, with the majority of transactions now occurring with stablecoin projects. Ripple embraces this transition positively, particularly with the anticipated launch of the USD Stablecoin later this year. For the latest updates in technology, visit NEWSLINKER.
