XRP: Award-Winning Payment Service Provider Set to Use ODL for Treasury Management

On Monday (July 25), a FinTech award-winning Singapore-based payment solution provider announced a partnership with Californian FinTech firm Ripple in order to use the latter’s XRP-powered On-Demand Liquidity (ODL) solution. ODL uses XRP as a bridge currency, “enabling instant and low cost settlement without the need to hold pre-funded capital in a destination market.