"The banks that presented at the XRP Tokyo 2026 conference reported 60% lower costs using this method because the intermediary fees and the idle capital that SWIFT requires are removed from the equation entirely."
"Ripple's On-Demand Liquidity service removes that entire process. Instead of routing through intermediaries, ODL converts the sender's currency into XRP, moves it across the XRP Ledger in under four seconds, and converts it into the recipient's currency on the other side."
Japanese financial institutions demonstrated that cross-border payments using XRP are 60% cheaper than SWIFT and settle in under four seconds. This was showcased at the XRP Tokyo 2026 conference, where banks tested real remittance corridors between Japan and Southeast Asia. Ripple expanded its On-Demand Liquidity service by adding 12 new currency pairs. The pilot corridors, if scaled commercially, could create real-world demand for XRP, essential for its market recovery. The On-Demand Liquidity service eliminates intermediary fees and idle capital requirements, significantly reducing costs and transaction times.
Read at 24/7 Wall St.
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