Ripple Launches ODL Payment Bridge Between the Philippines and Japan
An international money transfer corridor is being opened between the Philippines and Japan using the On-Demand Liquidity (ODL) service.
According to the Ripple blog, the volume of transfers will be approximately $2 billion per year.
The project will be carried out through the collaboration of money transfer service provider SBI Remit, Philippine mobile payment service Coin.ph and cryptocurrency exchange SBI VC Trade.
With ODL, users can transfer money quickly and easily, and the companies can free up capital and accelerate the expansion of their payment system.
By the way, the Facebook Novi digital wallet in the Philippines started hiring employees for the post of Operations Controller, Onboarding Coordinator, and Training Business Partner.