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Ripple Announces Middle East Partnership, Says XRP Will be Used
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The US-based fintech company Ripple has announced that it will deploy its XRP-based on-demand liquidity (ODL) solution in the Middle East in partnership with a local firm, as the first such roll-out in the region.
The new ODL roll-out will happen in partnership with the Middle East-based blockchain firm Pyypl, and will initially focus on bringing low-cost remittances to the UAE by "using ODL and leveraging XRP," Ripple said.
Further, the two companies said that Ripple’s ODL solution will reduce
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