Tranglo partners with Al Ansari Exchange, the largest personal remittance and foreign exchange firm in the UAE. This collaboration marks an essential step in Tranglo’s Middle East expansion and could impact Ripple’s On-Demand Liquidity (ODL) service.
Search Results for: Tranglo
Tranglo and Ripple’s ODL Revolution: Milestones, Expansion, and Market Risks
Tranglo, a partner of Ripple, recently announced reaching over $1 billion in On-Demand Liquidity (ODL) transactions, after a successful partnership aimed at increasing customer demand in Asia and expanding ODL services. Ripple’s ODL service has gained recognition and adoption across various regions, revolutionizing cross-border transactions and indicating a promising future for both companies and the wider crypto community.
Expanding Horizons: SBI Remit and Ripple’s Blockchain Impact on Southeast Asian Remittances
“SBI Remit partners with SBI Ripple Asia to implement Ripple’s XRP-enabled international remittance solution, extending services to bank accounts in Vietnam, Indonesia, and the Philippines. Utilising XRP as a “bridge currency”, this move aims to streamline international payments, ensuring efficient and cost-effective money transfers.”
The Ripple Effect: SBI Group’s Leap into Blockchain Remittance – Pros, Cons, and Conflicts
“Japanese SBI Group, in partnership with Ripple and SBI Ripple Asia, plans to extend Ripple remittance technology to South East Asia’s banks. SBI hopes this will boost service adoption, marking a significant milestone in the crypto space.”
Ripple’s 2023 New Value Report: Confidence in Crypto and Unleashing Blockchain Potential
Over 70% of global finance leaders express increased confidence in the crypto industry, driven by factors such as traditional financial companies investing in crypto assets, mainstream adoption of digital assets, and tokenization of real-world assets. The future of cryptocurrencies looks bright as they revolutionize finance, disrupt ownership models, and transform cross-border transactions.