According to Ripple Head of Global Banking Marjan Delatinne, the company’s On-Demand Liquidity may soon be available in Brazil.Brazil could be the next area for crypto firm Ripple to reach with a cross-border payments corridor, which could lead to its use in other Latin American nations.
In an interview posted to the ‘Future of Finance’ YouTube channel on June 8, Ripple Head of Global Banking Marjan Delatinne said the crypto firm was working on the development of a cross-border payment system for Brazil.
When explaining Ripple’s On-Demand Liquidity (ODL) to moderator Dominic Hobson, Delatinne said the firm was planning to extend its services to “exotic corridors”, naming countries like the Philippines and Brazil as markets “where you don’t necessarily want to keep liquidity and you want to really move funds when you need it.”
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