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Payment’s solution company Ripple revealed the launch of a new corridor between Japan and the Philippines. This is the company’s first On-Demand Liquidity (ODL), a payment solution leveraging token XRP, in Japan. The corridor has been launched in collaboration with SBI Remit, one of the country’s most prominent money transfer provided,
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On July 28, 2021, leading blockchain company Ripple announced the launch of RippleNet’s first-ever On-Demand Liquidity (ODL) corridor between Japan and the Philippines. Introducing Fast And Cheap Remittances The blockchain solutions provider will roll out the brand-new ODL service in collaboration with SBI VC Trade and SBI Remit, Japan’s biggest remittances provider.
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Showcasing the use of cryptocurrency in monetary transfers, Ripple has become a known partner for traditional institutions that wish to revamp their cross-border remittance services. Taking this vision further, Ripple announced a new partnership with Japan’s SBI Remit to transform remittance payments from Japan to the Philippines.Ripple’s latest partnership will
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Ripple launched On-Demand Liquidity using XRP in 2018. Since then, the firm now has over 24 clients including Azimo and MoneyGram.Ripple CEO Brad Garlinghouse insisted that the company is committed to the XRP token as the “key behind RippleNet”. He was speaking in the opening keynote at the 2020 Swell
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Asia may be the next proving ground for crypto firm Ripple to reach with its cross-border payments corridor.In a June 18 interview on the YouTube channel Thinking Crypto, Adam Traidman, CEO of SBI Ripple Asia—a subsidiary of Japanese financial services giant SBI Holdings—said Ripple has started to roll out its
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[sociallocker id="55298"] On-Demand Liquidity (ODL) for XRP paired with the Australian dollar reached a new all-time high of 15,640,530 AUD on the exchange BTC Markets.According to a recent tweet from the Liquidity Index Bot, the liquidity index for BTC Markets for XRP/AUD climbed to 15,640,530 AUD — approximately 10.6 million
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Ripple’s On-Demand Liquidity (ODL) payments network tripled in transaction volume over the last quarter according to the just released Q1 2020 XRP Markets Report.The dollar value transacted using ODL increased by more than 294%, which is good news for token holders with the report describing XRP liquidity as the “lifeblood
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An incredible start to 2020 for Ripple and XRP with ODL usage and payment volume breaking news records over the XRP/MXN and AUS corridors almost daily. Since October 2019 we have seen an exponential growth in the usage of ODL mainly from MoneyGram’s Mexican remittance corridor which topped 16.6 Million XRP
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XRP price has taken a hit recently while utility and usage continue to break daily volume records, now making up 10% of ALL Mexican remittance. Ripple CEO Brad Garlinghouse announced at Swell last week that XRP utility saw more volume in October this year than 2018 as a whole. While price does
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On-demand liquidity has reached the shores of Australia with FlashFX going live, opening a brand new payments corridor to the Philippines. Back in September 2017, FlashFX joined RippleNet to become the first Australian company to utilize blockchain technology for international money transfers. FlashFX has long been at the forefront of leveraging
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