.Ripple boasts its ODL technology gaining rapid growth and adoption this year
ODL sees rapid growth in 2022
This year, Ripple has made several new partnerships, thanks to which it announced new ODL corridors around the world. Now, the ODL solution is being used not only in the EU, the UK and other major countries but also in developing markets, such as in Brazil, Singapore and the UAE. Recently, Ripple spread the word about ODL corridors being set up in France and Sweden, as well as in Africa, where theODL was first launched back in 2018 in order to ensure low-cost and fast cross-border payments, remittances in high volumes and full transparency. ODL, which utilizes XRP, is used not only in the market of remittances and retail payments but also by small and medium-sized enterprises, merchants and so on.
🌎 Our On-Demand Liquidity solution has seen substantial adoption this year, and we have the technology, the global network and the diverse list of customers to prove it.
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