Where is the new xrp cross-border payment corridor launching?
Southeast Asia emerges as the focal point for XRP's newest cross-border payment corridor, with Malaysia and Thailand establishing a direct digital bridge for remittances and business transactions. There are typically multiple intermediaries, substantial fees, and processing delays of 3-5 days for traditional money transfers in this region. The corridor leverages distributed ledger technology to enable near-instant settlements with minimal transaction costs. According to xrp news today the implementation results from partnerships between regional financial institutions and technology providers specializing in blockchain payment solutions. The system utilises On-Demand Liquidity (ODL) to eliminate pre-funding requirements that traditionally lock up capital for financial institutions operatin...