The collaboration will allow Intermex to use Ripple’s On-Demand Liquidity (ODL) to offer quick, reliable global payments. ODL leverages XRP as a real-time bridge between the sending and receiving currencies. According to a recent announcement, International Money Express, a money remittances service company, has entered a partnership with Ripple for global payments. The collaboration will allow Intermex to use Ripple’s On-Demand Liquidity (ODL) through RippleNet to send money globally safely and quickly. ODL leverages XRP as a real-time bridge between the sending and receiving currencies and eliminates the need for pre-funding accounts in cross border payments. Intermex will be using RippleNet for quick, transparent cross-border remittance services between Mexico and the US. At present, ODL is available in pairs, including USD-MXN, USD-PHP, AUD-USD and PHP, and from EUR-USD. Plans for additional pairs across APAC, EMEA, and LATAM are on the way. Intermex CEO, Bob Lisy, said: We are pleased to have begun the partnership with the Ripple team, and look forward to implementing new solutions on RippleNet and ODL to help drive growth and deliver greater efficiency. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street Crypto News share Read Next Coronavirus update: Hubei confirms 19,665 cases, death toll rises to 549 FX Street 2 years The collaboration will allow Intermex to use Ripple’s On-Demand Liquidity (ODL) to offer quick, reliable global payments. ODL leverages XRP as a real-time bridge between the sending and receiving currencies. According to a recent announcement, International Money Express, a money remittances service company, has entered a partnership with Ripple for global payments. The collaboration will allow Intermex to use Ripple’s On-Demand Liquidity (ODL) through RippleNet to send money globally safely and quickly. ODL leverages XRP as a real-time bridge between the sending and receiving currencies and eliminates the need for pre-funding accounts in cross border payments. Intermex will be using… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
