Revealed: 37 Companies Now Using XRP, With 24 Launching Ripple’s On-Demand Liquidity
A total of 37 companies are now utilizing XRP, either as a way to accept payment or to power international remittances.
Ripple says 24 companies are specifically adopting Ripple’s XRP-based cross-border payments platform called On-Demand Liquidity (ODL), formerly known as xRapid.
Although Ripple has not released a list of those companies, The Daily Hodl has identified 19 of the 24 that are using ODL.
The latest addition is Interbank, which revealed its plans to start using XRP at Ripple’s 2019 Swell conference.
- Euro Exim Bank
- Nium (formerly InstaReM)
- Mercury FX
- SBI Virtual Currencies
Ripple launched xRapid for commercial production in October of 2018, highlighting its use case as a regulatory compliant way to use digital assets to send payments from one part of the world to another.
In addition to the early On-Demand Liquidity adopters, 13 companies are utilizing the digital asset XRP as a form of payment or to boost their own platforms that move value from one location to another.