Azimo Taps Ripple’s On-Demand Liquidity and XRP for Remittances in the Philippines 

Azimo Taps Ripple’s On-Demand Liquidity and XRP for Remittances in the Philippines 
ôîòî ïîêàçàíî ñ : btcmanager.com

2020-2-28 18:00

Azimo, a London-based online remittance platform has joined forces with Ripple blockchain project, in a bid to leverage the latter’s XRP-powered on-demand liquidity (ODL) solution for faster, cheaper cross-border payments to the Philippines, according to a press release on February 26, 2020.

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Azimo to use Ripple ODL and XRP for remittances into The Philippines

Ripple, the cross-border payment network powered by distributed ledger technology (DLT), today announced a new partnership with European digital money transfer service Azimo. The company has launched with Ripple’s On-Demand Liquidity (ODL) service as part of its remittance capabilities into The Philippines, with plans to expand the use of ODL across more corridors this year.

2020-2-27 17:28