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General

On-Demand Liquidity (ODL)

Ripple's product that sources liquidity for cross-border payments by bridging through XRP.

A payment is sold into XRP in the sending market and bought out of XRP in the receiving market within seconds, so no pre-funded account is needed in the destination country.

It is used by payment providers rather than consumers, and it is the main institutional demand story for XRP.

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