Ripple Expands ODL Wing to France and Sweden: A Major Boost for European Crypto Payments

JUST IN: Ripple Labs, a leading crypto payments firm, has expanded its On-Demand Liquidity (ODL) service to France and Sweden! In yet another effort to expand its ODL business and European presence, the network has decided to collaborate with two major platforms in France and Sweden. Today, Ripple, one of the leading enterprises in crypto and blockchain solutions, states that it has expanded its On-Demand Liquidity (ODL) service in France and Sweden.

This strategic move signifies a significant step in Ripple's continued expansion in Europe. As per the details, Ripple on Tuesday announced two new On-Demand Liquidity (ODL) partners amid its continued expansion in Europe. This is made possible with its new partnerships with Lemonway and Xbaht.

Now, in another attempt to boost its ODL business and Europe presence, the network decided to partner with two major platforms in France and Sweden.

What does this mean for cross-border payments? Ripple's ODL service aims to provide faster, cheaper, and more efficient international money transfers, leveraging XRP for on-demand liquidity. With expansions into key European markets like France and Sweden, Ripple is strengthening its position as a key player in revolutionizing global payment settlements.