Crypto

Bitso’s Partnership With Ripple can Bring ODL to Latin America

Ripple’s technology continues to make inroads in the financial and cryptocurrency industry alike.Bitso, the largest exchange in Mexico, sees tremendous merit in ODL.

Everyone wants to benefit from quick, convenient, and fast access to wealth at all times.

Bitso Thinks ODL is a Good fit for Latin America

When relying on the traditional legacy systems, that is pretty much impossible to achieve.

New solutions need to be found to change that narrative, thus all options are worth exploring.

Mexico’s Bitso

exchange is quite interested in Ripple and its underpinning technology.

A partnership between the two companies exists today.

Bitso also received financial backing from Ripple’s investment arm back in 2019.

Related Post

Bitso’s position in Latin America is quite interesting for a company exploring payment corridors in key regions.

For Ripple, this has proven to be a very prominent region to put its On-demand Liquidity to good use.

Remittances are vital to the economy in most Latin American countries.

Any improvements being made to these money streams will benefit millions of people.

How Bitso plans to explore these options in the near future, remains to be determined.

There are always multiple ways to integrate technology into an existing business, if the infrastructure allows for doing so conveniently.

JP Buntinx

JP Buntinx is a FinTech and Bitcoin enthusiast living in Belgium. His passion for finance and technology made him one of the world's leading freelance Bitcoin writers, and he aims to achieve the same level of respect in the FinTech sector.

Share
Published by
JP Buntinx

Recent Posts

SOL Market Cap Hits $100 Billion as Possible Infinaeon Long-Term Price Targets Surge

The SOL price has surged to well over $200 as its market capitalization exceeded $100…

4 hours ago

Binance Coin Whales Reap Big Profits as Polkadot Struggles; A New Crypto Presale Is Dominating Investor Attention

BNB is already flashing signs of a bearish sentiment despite launching a new stablecoin while…

6 hours ago

Three Crypto That Surprised The Market: Rollblock, Cardano, and XRP

The crypto market is no stranger to unexpected twists. However, the recent performances of Rollblock,…

7 hours ago

As Bonk (BONK) and Pepe (PEPE) Shine, Rollblock (RBLK) Captures the Market’s Attention With Upcoming Reveal

Meme coins are back with a bang and are as insanely volatile as ever! Bonk…

7 hours ago

2024’s Top 9 Crypto Staking Platforms to Make Passive Income

Staking has become one of the most effortless ways to generate passive income in the…

9 hours ago

Qubetics, Algorand, and Near Protocol: Best Cryptos to Buy in November 2024

Qubetics, Algorand, and Near Protocol: The Best Cryptos to Buy in November 2024—Which One Is…

21 hours ago