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RippleNet customers can use XRP for sourcing liquidity in cross-border transactions, instead of pre-funding—ensuring instant settlement, lower exchange fees and more efficient use of working capital.
Using XRP, a digital asset built for payments, ODL can instantly bridge currencies, eliminating the need for pre-funded accounts.
What does on demand liquidity mean? On-Demand Liquidity, or ODL, is essentially just the process of buying and selling the XRP cryptocurrency in originating and destination countries to create a source of liquidity on demand. Going back to basics, a remittance service will typically hold money in each currency in each country.
Through the On-Demand Liquidity service, #RippleNet leverages the digital asset XRP as a bridge between two currencies
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