By 
Ripple partners with Lithuania’s FINCI to provide retail remittances and B2B payments via RippleNet’s On-Demand Liquidity (ODL).
Source: Businesswire
XRPUSD down -0.54%, BTCUSD up +2.04%
The partnership will enable FINCI’s customers to make seamless payments between Europe and Mexico. RippleNet’s ODL taps into global crypto liquidity to provide customers enterprise-grade solutions in cross-border payments.
FINCI, a blockchain-focused company, is the first customer in Lithuania and brings the opportunity to future explore the market. Lithuania is one of the most crypto-friendly nations in Europe.
Sendi Young, Managing Director for Europe of Ripple, stated that they are delighted that FINCI is their latest ODL deployment in Europe and were looking to announce additional European partners in the future.
ODL capitalizes on Ripple’s native token XRP to settle payments in local currencies in real-time by capitalizing on crypto liquidity.
Comments