U.Today - A new XRP trading pair, the XRP/USDT pair, has now been listed on Australia's top crypto exchange, .
BTC Markets, Australia's first and biggest crypto exchange, has expanded its support for the sixth largest cryptocurrency, XRP, with the addition of a new USDT trading pair.
Launched in July 2013, BTC Markets provides a variety of AUD and BTC trading pairings with a geographic focus on Australia.
The new listing would broaden XRP's footprint on Australian markets and on the cryptocurrency exchange, which already offers the XRP/AUD and XRP/BTC pairs.
XRP appears to be one of the few, if not the first, cryptocurrency assets with a USDT pairing. This might be due to the dominance of XRP trading on BTC Markets, where XRP accounts for more than 50% of trade volumes.
The accounts for a staggering 56.39% of trading volumes on BTC Markets, making it the most actively traded asset at the moment on the cryptocurrency exchange. In the last 24 hours, the XRP/AUD pair volume amounted to $3,176,044 worth.
With 29.10% of all volumes, or $1,638,903, the BTC/AUD trading pair saw almost half the volume of XRP, and it continues to be the second most traded asset after XRP.
Comparatively speaking, the volume of the XRP/BTC pair on BTC Markets was lower, making up only 0.01% of the overall volumes on the exchange.
XRP sees increasing social volume
BitcoinYesterday was a momentous day for the XRP community following the reveal of the much-publicized documents of former SEC official William Hinman.
XRP briefly rose about 8% before retreating, and it is currently down 4.64% in the last 24 hours to $0.52.