Ripple to Offer On-Demand Liquidity Products to US Financial Firms by Q3 2023

The post Ripple to Offer On-Demand Liquidity Products to US Financial Firms by Q3 2023 appeared first on Coinpedia Fintech News

Ripple, a prominent blockchain-based payments company, is planning to engage in discussions with financial firms in the United States during the third quarter of 2023. These discussions will revolve around the potential adoption of Ripple’s On-Demand Liquidity (ODL) products, aimed at enhancing financial operations for these companies. ODL is a real-time cross-border payment system that employs XRP for immediate settlement. This strategic move by Ripple is anticipated to fortify its position in the sizable US market, known for its high demand for fintech solutions. The talks are predicted to create fresh revenue streams for Ripple and stimulate growth in the fintech sector.