@Quarts 28 July 2021 more from that month

Japan to test Ripple's ODL service for money transfers Popularizing the use of cryptocurrency for money transfers, Ripple has become a known partner for traditional institutions looking to innovate their cross-border remittance services. Taking this vision further, Ripple signed a contract with the Japanese SBI Remit Co. to process remittance payments to the Philippines. announced the establishment of a new partnership with Ltd. Ripple's latest partnership is with mobile payment service Coins.ph and digital asset exchange platform SBI VC Trade to offer their customers a cheaper remittance option. Thus, it will be possible to use XRP to eliminate pre-funding costs. According to the official statement, Japan's first On-Demand Liquidity (ODL) service implementation helps Ripple drive the adoption of cryptocurrency-enabled services. Nobuo Ando, ​​representative director of SBI Remit, made the following statement on the subject: “The launch of ODL in Japan is just the beginning and we look forward to continuing to move forward to the next frontier of financial innovation beyond real-time payments, not just in the Philippines but also in other regions.” #BitcoinCashDailyAnalysis