- Ripple reiterated the position of XRP as a pivotal bridge currency connecting digital assets to traditional fiat currencies.
- Ripple reaffirms XRP’s role within its On-Demand Liquidity (ODL) solution.
- XRP status to institutional clients for ODL services remains a contention in court.
The XRP community now believes the U.S. court ruling that Ripple’s sale of XRP to institutional investors represented a security contract is of less concern amid a recent disclosure. Specifically, the recent legal ruling confirming XRP as a digital asset has emboldened Ripple to reaffirm XRP’s role within its On-Demand Liquidity (ODL) service.
In a recent tweet, Ripple reiterated the position of XRP as a pivotal bridge currency connecting digital assets to traditional fiat currencies. Ripple underscored the significance of speed, cost-efficiency, and liquidity as driving factors behind its approach to cross-border payment solutions.
⚡️ Speed