Ripple Highlights Merits of XRP as Bridge for Cross-Border Settlement
Ripple reiterated the position of XRP as a pivotal bridge currency connecting digital assets to traditional fiat currencies. Ripple reaffirms XRP’s role within its On-Demand Liquidity (ODL) solution. XRP status to institutional clients for ODL services remains a contention in court. The XRP community now believes the U.S. court ruling that Ripple’s sale of XRP to institutional investors represented a security contract is of less concern amid a recent disclosure. Specifically, the recent legal ruling confirming XRP as a digital asset has emboldened Ripple to reaffirm XRP’s role within its On-Demand Liquidity (ODL) service. In a recent tweet, Ripple reiterated the position of XRP as a pivotal bridge currency connecting digital assets to traditional fiat currencies. Ripple underscored the significance of speed, cost-efficiency, and liquidity as driving factors behind its approach to cross-border payment solutions. ️ Speed Savings Liquidity Dis...