Ripple Partner to Unlock $34 Billion Cross-Border Payment Market in the Philippines
In a recent release, iRemit, a non-bank remittance service provider that leverages Ripple's ODL to process Australia-to-Philippines remittances, has announced a partnership with Velo labs to unlock the $34 billion cross-border payment market in the Philippines.
Last year, Novatti Group announced joining Ripple's global payment network to tap RippleNet's On-Demand Liquidity (ODL) service—leveraging the digital asset, XRP, for cross-border payments.Ripple and Novatti's efforts targetted first the Australia-Philippines corridor through a partnership with iRemit.
Source
https://t.me/Cronos_Cardano_Ripple
