fbpx
Skip to content Skip to sidebar Skip to footer

Ripple Confirms Expansion into Thailand and Australia

Early this month, Ripple held their first ever Swell Conference in Singapore which also brought about expansion rumours of XRP-based cross-border remittance platform, On-Demand Liquidity (ODL). In a recent post-conference interview, Eric van Miltenburg, SVP of Global Operations, confirms ODL’s expansion into Australia, followed by Thailand in 2020.

”We launched Mexico last year. We launched Philippines after that. Yesterday, on stage we announced Australia was coming online. And there’s a list of countries that are on the roadmap. Thailand being one for 2020,” shares Van Miltenburg. 

Ripple also formed a partnership with Sydney-based payments platform, FlashFX. In a separate interview, Van Miltenburg reiterates the expansion of Ripple, expressing that there is a great demand in cross-border payments for greater efficiency across Southeast Asia and that Ripple is in “growth mode”.

These are new developments following its previous efforts to expand into other countries, such as its partnership with TransferGo which provided smoother and faster transactions in India, and its recent strategic investment in MoneyGram, a global provider of money transfer services.


You may also want to read: XRP To Be Used for Cross-Border Transactions Between Japan, SEA

Leave a comment

About SuperCryptoNews

SuperCryptoNews is a global leading blockchain & crypto news provider, covering daily news focused on trading and investment developments in bitcoin and crypto. We bring you expansive crypto news coverage around the world. We offer many thought leadership opinions from blockchain experts and leaders of the industry.

Subscribe to SCN

© Copyright of Novum Global Consultancy Pte Ltd {2020, 2021}. All rights reserved.

111 North Bridge Road, 21-01, Peninsula Plaza, Singapore 179098.

Phone: +65-80282938

Contact Us   |   T&Cs   |   Privacy Policy   |   About Us

About SuperCryptoNews

SuperCryptoNews is a global leading blockchain and crypto news provider, covering daily news on the latest tech and trading developments in crypto. We bring you expansive crypto news coverage especially in Asia, with a focus on Singapore, Thailand and Southeast Asia.

Follow Us On

© Copyright of Novum Global Consultancy Pte Ltd {2020, 2021}. All rights reserved.

Contact Us   |   T&Cs   |   Privacy Policy   |   About Us