By using Ripple’s native XRP digital currency as a neutral bridge asset, On-Demand Liquidity (ODL) enables near-instant settlements, eliminating pre-funding requirements regardless of the merchant’s geographical location.
The technology slashes costs by 40-85% compared to traditional correspondent banking.
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As of mid-2026, ODL has processed tens of billions in cumulative volume, with roughly 40% of RippleNet’s 300+ partners actively using the XRP-powered feature.
Here are ten of the most active and notable firms leveraging XRP as ODL today:
1. SBI Remit (Japan)
One of the longest-running and highest-volume ODL users. SBI Remit powers major Japan-Philippines, Japan-Vietnam, and Japan-Indonesia remittance corridors, processing billions annually with fast, low-cost transfers for overseas workers.
2. Bitso (Mexico/Latin America)
Latin America’s largest crypto platform heavily uses ODL for USD-MXN flows. It serves as a key liquidity provider for remittances and business payments, recently expanding with RLUSD for even smoother settlements.
3. Tranglo (Malaysia)
A major ODL hub operating 20+ corridors across Southeast Asia and the Middle East. Tranglo facilitates high-volume remittances and corporate payouts, making it one of the most active facilitators in the Asia-Pacific region.
4. Coins.ph (Philippines)
A leading Philippine platform using ODL and related tech for inbound remittances. It supports massive flows from the US, Japan, and Gulf countries, helping serve millions of overseas Filipino workers.
5. UnionBank (Philippines)
One of the first fully licensed virtual asset banks in the region, actively employing ODL for faster, cheaper cross-border remittances and treasury operations.
6. Travelex Bank (Brazil)
Leading ODL adoption in Brazil for real-time international transfers, focusing on both consumer remittances and corporate FX needs in a high-inflation environment.
7. Pyypl (UAE/Middle East & Africa)
Digital wallet and payments platform using ODL corridors for instant transfers across the Middle East and into Africa, targeting gig economy and remittance users.
8. Zand Bank (UAE)
A digital Islamic bank running live Ripple Payments with ODL elements for regional and international flows, blending compliance with blockchain efficiency.
9. CIBC (Canada)
Canadian Imperial Bank of Commerce integrates Ripple tech for real-time cross-border settlements, with growing ODL usage in North American corridors.
10. Santander (Europe/Latin America)
Through its One Pay FX app and broader network, Santander leverages Ripple infrastructure (with confirmed ODL elements in select markets) for same-day and instant transfers, especially in Europe-to-Latin America routes.
The Bigger Picture Explained
These firms highlight ODL’s strength in high-friction remittance corridors like US-Mexico, Japan-Philippines, and intra-Asia routes. While total ODL volume (estimated $35B+ in recent quarterly run-rates) remains modest against the $150 trillion global cross-border market, growth is steady at 30-40% YoY in key regions.
For Ripple and XRP, the expansion of active ODL usage by these players represents real utility. As more corridors go live and volumes scale, ODL could increasingly drive measurable demand for XRP as the bridge asset of choice. The infrastructure is no longer experimental — it’s operational and expanding.
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