Ripple’s ODL fiat-to-fiat transactions do not need XRP infrastructure
The Chief Technology Officer at Ripple, David Schwartz in an ongoing tweet said the organization's item, On-Demand Liquidity (ODL) can work without XRP foundation. ODL is Ripple's blockchain installments stage used chiefly for cross-outskirt exchanges while permitting organizations to make liquidity even in new markets.
"ODL can work with a piece cut out. One-piece would be removed if the sender had XRP as of now. One-piece would be removed if the beneficiary will acknowledge XRP. In the event that both apply, it's only a XRP installment."
We decided to do fiat first enemy a couple of reasons, yet the greatest one is that it can work with no XRP framework by any means, so could be conveyed quickest. At that point we could utilize XRP where it could give the most effect a prepared gracefully of clients and installments to take advantage of."
ODL is Ripple's for xRapid installments item that has been performing unbelievably well since its rebrand and dispatch. MoneyGram is as of now utilizing ODL to influence a portion of its installments halls. Wave intends to open greater installment hallways in 2020.