Blockchain behemoth Ripple continues moving tens of millions of XRP to Bitstamp exchange
s ODL corridors. ODL is a technology that helps the company to transfer large amounts of funds any distance using XRP and crypto exchanges. Recently, Ripple began to rebrand ODL into simply"Ripple payments service" since it does not sound as complex to users who are tech amateurs.
There are other crypto exchanges that operate as Ripple's payment platforms, apart from Bitstamp, such as Bitso in Mexico and Coins.ph in the Philippines. Large sums of XRP are necessary to keep these ODL corridors going; that is why it is possible that Ripple has been transferring large XRP chunks to Bitstamp for this very reason.
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