$XRP: Brazil’s Travelex Bank Becomes First Bank in Latin America to Use Ripple’s ODL

American FinTech firm Ripple has announced that Travalex Bank — a subsidiary of Travelex, which is the world’s largest exchange business specialist — in Brazil has started using its XRP-powered On-Demand Liquidity (ODL) solution. ODL uses XRP as a bridge currency, “enabling instant and low cost settlement without the need to hold pre-funded capital in a […]