Ripple to replace SWIFT – Newest GPI direct response to ODL’s expansion to more than 40 countries

Ripple noted that fiat-based RippleNet customers are upgrading to ODL in Australia, Brazil, Singapore, the UAE, the UK, and the US. 

XRP price has dropped approximately 61 percent in the past year and remains 89 percent down from ATH, $3.4.

Ripple Inc., a leading American blockchain infrastructure provider fighting the SEC in a lawsuit, is working to help reduce cross-border friction through the real-time global settlement platform, On-Demand Liquidity (ODL). The ODL has significantly been adopted worldwide with Ripple noting that over 40 new markets have been onboarded. As such, market strategists unanimously agree XRP is significantly undervalued and perhaps suppressed by the Ripple vs SEC lawsuit.

Ripple is concurrently fighting with SEC in the United States court and building its overseas connection. For instance, the blockchain company recently noted that its ODL has been adopted by key financial players in Africa, Argentina, Belgium, and Israel. Moreover, most of these new markets are heavily dominated by SWIFT messaging platforms.

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