Ripple CTO David Schwartz: Ripple’s ODL product can work “with no XRP infrastructure at all”

In a recently tweet, David Schwartz, the CTO of Ripple, has explained that the On-Demand Liquidity (ODL) solution, which allows conducting instant cross-border payments, can work without XRP infrastructure at all.

The executive claims that XRP, could be used for providing ‘the most impact’ when it comes to taping into ‘a ready supply of customers.’

Mourad TOUMI, founder of, who asked about ODL on June 13.

An hour later, Schwartz replied that it could still work with ‘a piece cut out,’ meaning that there doesn’t necessarily have to be a fiat-to-fiat transaction.

I haven’t heard of an exchange doing anything other than binding a DT to a customer, though non-exchanges sometimes bind them to transactions and could reuse them. ODL can work with a piece cut out. One piece would be cut out if the sender had XRP already. One piece would be cut out if the recipient will accept XRP. If both apply, it’s just an XRP payment.

We chose to do fiat-to-fiat first for a few reasons, but the biggest one is that it can work with no XRP infrastructure at all, so could be deployed fastest. Then we could use XRP where it could provide the most impact with a ready supply of customers and payments to tap into.

Multiple Ripple partners such a FlashFX and MoneyGram currently rely on ODL for transferring money. Mercury FX recently confirmed that it was still using the product with the help of XRP and teased ‘exciting news.’

So far, Ripple has ODL corridors in Australia, the Philippines, and Mexico that routinely reach new all-time highs in terms of transaction volumes.

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