Azimo has launched its first service using Ripple’s On-Demand Liquidity solution (ODL) to send faster and cheaper cross-border payments to the Philippines, with plans to expand to more markets in 2020. The Philippines is one of the top remittance destinations globally, receiving $34 billion in 2018.
ODL uses the digital asset XRP and has the potential to reduce liquidity costs by up to 60% compared to traditional banking solutions.
https://oaklandnewsnow.com/2020/03/18/ripple-and-azimo-partner-the-philippines-get-faster-cheaper-payments-crypto-news/
Mukhang mainit talaga sila sa remittance market ng Pilipinas kasi alam nila (at natin) na bilyon bilyon ang pera padala sa atin.