Ripple Partners with Singapore-based Payment Institution FOMO Pay

Ripple announced a partnership with Singapore-based payments institution FOMO Pay, which will utilize Ripple's On-Demand Liquidity (ODL) to improve its cross-border treasury flows. ODL leverages $XRP as a bridge between two fiat currencies, enabling instant and low cost settlement without the need to hold pre-funded capital in a destination market.
Source

Ripple

Payment

In This Article

Related News
Daily Market Wrap: CFTC Crypto Push Daily Market Wrap: CFTC Crypto Push
Foresight Ventures Report Shows a Pendulent Shift of Over 32,000 Global Merchants Accepting Crypto Payment Foresight Ventures Report Shows a Pendulent Shift of Over 32,000 Global Merchants Accepting Crypto Payment
Paradigm leads $82 million Series B round for crypto payments network Mesh Paradigm leads $82 million Series B round for crypto payments network Mesh
'75% of Ripple’s open roles are now US-based' — CEO Brad Garlinghouse '75% of Ripple’s open roles are now US-based' — CEO Brad Garlinghouse
KuCoin introduces new crypto payment system for exchange users KuCoin introduces new crypto payment system for exchange users
Latest News More More
7 Hours Ago Daily Market Wrap | Aug. 22
1 Day Ago Daily Market Wrap | Aug. 21
2 Days Ago Daily Market Wrap | Aug. 20
3 Days Ago Daily Market Wrap | Aug. 19
4 Days Ago Daily Market Wrap | Aug. 18
delate
Use TokenInsight App All Crypto Insights Are In Your Hands
Open