The co-founder of Ripple, David Schwartz, responded to the concerns concerning a 30 to 40% drop in the activity of the major Book of XRP (XRPL), explaining that many banking partners adjust the transactions outside Chain. While Ripple claims hundreds of banking collaborations, institutional use occurs mainly outside the blockchain, contributing to the decline in the volume of Onchain. This out -of -chain settlement approach raises current transparency issues on the use of XRPL and the real scale of RIPPLE network operations in the banking sector.
