On Demand Liquidity
ODL
Smarter Use of Capital Even in Hard-to-Reach Markets
International payments, especially in emerging markets, require businesses to hold pre-funded accounts in destination currencies. It’s a costly endeavor that ties up resources. RippleNet provides an alternative. While any financial institution on the network enjoys reliable, instant and lower-cost transactions, those who use the digital asset XRP to source liquidity can do so in seconds–freeing up capital and guaranteeing the most competitive rates available today
How On-Demand Liquidity Works
RippleNet customers can use XRP to bridge two currencies in under three seconds, ensuring payments are quickly sent and received in local currency on either side of a transaction.
RippleNet customers can use XRP to bridge two currencies in under three seconds, ensuring payments are quickly sent and received in local currency on either side of a transaction.
- 1: The sender requests a quote on pricing and FX
- 2: Ripple’s technology calculates the pricing and FX across all parties, and returns a quote to the sender
- 3: The sender accepts the quote and submits payment instructions, initiating the payment
- 4: The send-side exchange debits the sender’s account, and converts that amount (less fees) into XRP
- 5: XRP is sent across the XRP Ledger (settles in 3 seconds) from the send-side exchange to the receive-side exchange
- 6: The receive-side exchange converts XRP into local currency, and credits the sender’s account (less fees).
- 7: Ripple’s technology confirms the amount received is accurate, and will top up the sender’s account if needed
- 8: The receive-side exchange forwards the payment to the receiver
- 9: The receiver forwards the payment if necessary
- 10: The sender and receiver confirm the transaction is complete
Partner
Exchanges
Bitstamp
Bitso
Bitrex
Coins.PH
Bitkub
TBC
TBC
TBC
Partner
Market Makers
BTC_Markets
TBC
TBC
TBC
Partner
Who is Using On-Demand Liquidity (ODL)
MoneyGram
TransferGO
Instarem
SendFriend
MercuryFX
GoLance
FlashFX
VIAMERICAS
InterBank Peru
BeeTech
Catalyst
Cuallix
Euro Exim Bank
HODL Finance
IDT
Intergiro
JNFX
NIUM
SADAD
TRANSPAYGO
YOUHODLER
TBC
TBC
TBC
ODL Corridors
XRP Utility-Scan
ODL corridor XRP tnx volume tracker
Liquidity Index Bot
XRP4U.com Site Navigation
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FUN STUFF
Quiz Night – Underconstruction – no prizes currently available
So what is this XRP thing all about? Here we explain what XRP is, Who is using XRP (Ecosystem), you can visit sites providing real time statistics, use Tools to search the XRP Ledger in real time and some amazing graphic websites to display real time activity on the XRP Ledger
RippleNet ODL (On Demand Liquidity) has a crucial part to play in the success of the XRP Ledger. For this reason I have broken ODL out of the Ripple page and given it a well deserved home of it’s own!
ODL
XRP4U monitors the internet for the best FREE tools for the XRP Ledger, here are some of you favourites.
Our XRPL Tools page gives an overview of all the Favourites.
Dive deep into the XRP Ledger with XRPSCAN: The best XRP Ledger Explorer!
Get notified for all XRP transactions in/out of specified XRP addresses! Handy for the transactions you make, critical for any you DID NOT! XRPBALANCE.info
Where in the World is all the XRP? xrptracker.kka72.com tells you where it is! search large transactions and more! All in Real time!
More than enough Eye candy to make your teeth fall out! Some eye dazzling graphics created from real time transactions on the XRP Ledger.
XRP4U have squeezed together on the same page some of the best sites so sit back with some popcorn and enjoy! PC/Tablet viewing only!
Visit:
There are number of high profile developers and many superb XRPL projects both Live and being built, here XRP4U will add and track as many live projects as we can and add developer profiles as and when they join the #XRPCommunity.
The XRP Community Fund will be used to support the development of tools / apps / integrations / plugins that make it easier to use XRP for (consumer/small business) payments. They also hope to attract more developers to the community. Bounties will be available for developers working on tools requested over a longer period of time by the XRP Community.
Learn and Practice using an XRPL online wallet on a Test network using 20,000 XRP to play with, don’t risk your XRP playing and learning in the real world, its far to precious!
The Lab contains 2 XRPL Testnet wallets that are hosted by GitHub, you can send and receive XRP in real time (watch the speed!) between the two wallets and learn other advanced functions, safely.
The #XRPCommunity have always been huge supporters of good causes and Funds donating more then 200,000+ XRP and still rising!
XRP4U: Charities and Funds overview page
Good Souls Group as the name states are a group of good souls who tirelessly give their time to raise donations for 6 very different charities.
XRP Community Fund: Supporting building the XRP(L) ecosystem and the use of XRP for payments
Here4XRP: an amazing event for the Community
No need to spend hours searching for XRP related news stories! XRP4U have searched the internet far and wide for the best XRP News sites, these are mostly provided by #XRPCommunity members dedicated to bringing you the latest and most accurate news so you will NOT see any FUD here!
Ripple news
#XRPCommunity news sites
Everyone has their favourite Twitter user or YouTuber etc, this is an extensive long list of our favourites.
There are more than 1,000 locations to Buy/Sell XRP and a growing number of places to spend it.
Here are a small number of Exchanges and online organisations to Buy/Sell or Spend your XRP
XRP4U are also demonstrating how to use the WooCommerce XRPL Payment Plugin in a working WooCommerce store, this plugin won a XRPL Projects Bounty awarded by the hugely poplular #XRPcommunity member Wietse Wind
Here is a Concise XRP events Calendar provided by XRParcade, credit to Leonidas Hadjiloizou for the immense effort to provide this to the #XRPcommunity
Take a Tea break from Crypto and learn about Lost Ancient Civilisations!
I am fascinated by both tomorrow technology and equally lost ancient technology, on the following pages I share what has been and is still being found around the world, you may be shocked, amazed and a little frightened, but mosty amazed I hope :-)
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