Ripple and SBI Collaborate to Launch On-Demand Liquidity in Japan — XRP Surges.
29 Jul 2021, 08:00
Ripple and SBI Collaborate to Launch On-Demand Liquidity in Japan — XRP Surges
Ripple has launched its first On-Demand Liquidity (ODL) service implementation in Japan in partnership with SBI Remit, a large Japanese money transfer provider, and Philippine crypto exchange Coins.ph.
Ripple, SBI, Coins.ph Collaborate to Launch Ripplenet’s On-Demand LiquidityRipple Labs announced Wednesday "the launch of Ripplenet’s first live On-Demand Liquidity (ODL) service implementation in Japan" in collaboration with SBI Remit Co. Ltd. and Coins.ph.
SBI Holdings, an investor and shareholder of Ripple, independently announced Wednesday that SBI Remit and crypto exchange SBI VC Trade have launched "Japan’s first international remittance service using crypto assets" in partnership with Ripple Labs. SBI Remit, a subsidiary of SBI Fintech Solutions, is one of the largest money transfer companies in Japan. It has been using Ripplenet since 2017.