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Ripple partner Tranglo’s ODL net trading volume increases more than 17 times in 2022, reaching $970 million
2023-09-18 15:32
Odaily News As one of Ripple’s largest partners in the Asia-Pacific region, cross-border payment company Tranglo shared its service statistics for 2021-2023. It is reported that Tranglo and its partners expanded the use of On-Demand Liquidity (ODL) in 2022, and ODL net trading volume increased from US$53 million in 2021 to US$970 million in 2022, an increase of more than 17 times. According to its CEO Jacky Lee, this breakthrough brings new cash flow opportunities to many small and medium-sized enterprises in various sectors. (U.Today)