RATE Group | Ripple ODL platform raises eyebrows after moving 70 million XRP
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Ripple ODL platform raises eyebrows after moving 70 million XRP

27 May Ripple ODL platform raises eyebrows after moving 70 million XRP

Posted at 12:12h in Cryptocurrency News by

  • Ripple ODL cross-border funds transfer platform continues to stand out in the market especially with MoneyGram as a partner.
  • Ripple CEO Brand Garlinghouse is worried the US will never catch to China in digital innovation.

The cryptocurrency community is impressed by Ripple’s ability to move 70 million XRP using the On-Demand Liquidity payments platform. The colossal transaction was highlighted by the Twitter bot XRPL Monitor. ODL is the largest blockchain-based liquidity platform currently working with XRP/MXN that has been developed by MoneyGram, Ripple’s strategic partner.

The other chunk of the transaction was done by Bithumb, a leading cryptocurrency exchange platform in South Korea.

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