Partner Ripple Bitso launched the corridor between Mexico and Argentina, making an official announcement. Ripple is actively working to promote its technology worldwide. Such efforts by Ripple include the creation of payment corridors on liquidity on demand, that is, ODL. Ripple ODL corridors help users send funds faster and more reliably. In particular, this is especially important for labor migrants who need not to delay the transfer of money, since the survival of their loved ones directly depends on this. Ripple’s innovations are extremely important. Now Ripple partner Mexican exchange Bitso launches a corridor between Mexico and Argentina, and it probably also works on ODL.
Ripple Bitso partner launches corridor between Mexico and Argentina: Details
Ripple partner Bitso, Mexico’s leading cryptocurrency exchange, is launching a corridor between Mexico and Argentina, and it probably also runs on ODL. Mexican exchange Bitso has become one of the most important partners of Ripple. The partnership has opened a payment corridor for the Ripple On Demand Liquidity (ODL) software solution between Mexico and the United States. The market has huge potential, annually transferring more than 30 billion US dollars between Latin America and the USA.
Through its Twitter account, the Mexican Exchange announced the launch of a new payment corridor between Mexico and Argentina. Bitso said it wants Argentine users to benefit from its global and transparent services. A Ripple partner announcement says the company loves to build bridges. Now a digital bridge is being built between Mexico and Argentina. Bitso is committed to enabling Argentineans, like Mexicans, to use simple and transparent financial services.
No details are currently available regarding the launch of the payment corridor between Mexico and Argentina. No further details are provided. It was previously known that Ripple CEO Brad Garlinghouse would soon give a new interview on CNN. Presenter Julia Chatterly on Twitter invited users to indicate the answers to what questions they would like to hear from the CEO of Ripple during the interview.