Will Ripple’s new ODL corridors impact XRP’s price?

Published on: 14.06.2021

Payment solutions have been rapidly evolving over the past few years. Digital wallets and blockchain technology have already raised the bar for new entrants into this newfangled financial ecosystems.

Ripple Labs, the San-Francisco-based blockchain company, has already identified the “big opportunity” in small business payments.

“Ripple provides one frictionless experience to send money globally using the power of blockchain technology.”

Ripple has also been actively forming new ODL corridors for new customers in the UK and Brazil. 

How On-Demand Liquidity Works

RippleNet customers can use #XRP to bridge two currencies in as little as three seconds, ensuring payments are quickly sent and received in local currency on either side of a transaction.

  • Eliminate the need for pre-funding accounts.
  • Send payments instantly around the world.
  • Get best-in-market pricing on exchange rates.

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