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With ODL now available in Japan, RippleNet customers can leverage the digital asset XRP to eliminate pre-funding and reduce operational costs, unlocking capital and Last year, Mastercard spotlighted SBI Remit, a Ripple partner, for using XRP in remittances. XRP was also highlighted in a World Bank report and mentioned by both The latest development saw SBI’s system for XRP international remittance service using ODL being renewed. Per SBI’s official release, “This time, we have renewed the In the first quarter of 2025 alone, $3.7 billion flowed through Ripple’s XRP Ledger via SBI Remit’s On-Demand Liquidity (ODL) serviceunderscoring XRP’s role as the The Japanese financial giant is committed to fostering its collaboration with Ripple. SBI Holdings, Japan’s financial services company, announced that it renewed its XRP Cross-border payments are growing in importance. A prime example of this is Ripple and its ODL system. The drive for expansion, results in the renewal of a

Ripple SBI System for XRP Remittances Renewed: ODL Volumes Surge 9x

The drive for expansion in cross-border payments results in the renewal of a crucial system. SBI Holdings, Japan’s financial services company, announced that it renewed its XRP international remittance service utilizing Ripple's On-Demand Liquidity (ODL). This latest development saw SBI’s system for XRP international remittance service using ODL being renewed. Per SBI’s official release, “This time, we have renewed the…” reflecting a continued commitment to streamlining international transfers.

ODL Volumes Skyrocket, Driven by SBI Remit and XRP Ledger

Ripple's ODL system, particularly through partners like SBI Remit, is experiencing exponential growth. ODL volumes have surged, growing 9x in recent periods, showcasing the efficiency and demand for XRP-powered remittances. In the first quarter of 2025 alone, $3.7 billion flowed through Ripple’s XRP Ledger via SBI Remit’s On-Demand Liquidity (ODL) serviceunderscoring XRP’s role as the.

XRP: A Key Player in Global Remittances

XRP's role in international remittances is becoming increasingly significant. Last year, Mastercard spotlighted SBI Remit, a Ripple partner, for using XRP in remittances. XRP was also highlighted in a World Bank report and mentioned by both... illustrating the growing recognition of XRP in the global financial landscape. With ODL now available in Japan, RippleNet customers can leverage the digital asset XRP to eliminate pre-funding and reduce operational costs, unlocking capital and.

SBI's Commitment to Ripple and XRP Technology

The Japanese financial giant is committed to fostering its collaboration with Ripple. This renewal of the SBI system underscores their belief in the power of XRP and RippleNet to revolutionize cross-border payments. A prime example of this is Ripple and its ODL system, effectively reducing operational costs and unlocking capital for businesses globally.

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