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$5 Billion Worth Of Bitcoin Was Sent Across The XRP Ledger

This post was originally published on this site

@DevNullProd specializes in XRP intelligence and tweets out statistics about the XRP ledger, automatically, every single day.

Today around 5:00 AM PST they tweeted out that 581,629.689 Bitcoin were delivered by the XRP ledger in the span of 1 hour, which is nearly $5 billion dollars. (They were BTC IOU’s on the XRPL)

This likely was initiated by 1 institution, and they used the XRP ledger because they would have had to wait around an hour if they used Bitcoin.

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