Ripple Clarifies: On-Demand Liquidity (ODL) Service Not Deleted, but Integrated Under 'Ripple Payments'
September 17 news from TuoniaoX.com: Some users in the XRP Ledger and Ripple community discovered that Ripple had removed information related to its On-Demand Liquidity (ODL) service. ODL is a RippleNet product used for seamless and low-cost cross-border remittances. However, Ripple Vice President Emi Yoshikawa clarified that Ripple simply decided to stop using the 'ODL' terminology, as this term might be difficult for non-crypto users to understand 'at first glance'.
September 17 news from TuoniaoX.com: Some users in the XRP Ledger and Ripple community discovered that Ripple had removed information related to its On-Demand Liquidity (ODL) service. ODL is a RippleNet product used for seamless and low-cost cross-border remittances. However, Ripple Vice President Emi Yoshikawa clarified that Ripple simply decided to stop using the 'ODL' terminology, as this term might be difficult for non-crypto users to understand 'at first glance'.
Ripple has now integrated this service under 'Ripple Payments'. After the rebranding, the ODL mechanism will continue to operate as usual. Emi Yoshikawa also stated that transitioning cryptocurrency terminology toward the 'mainstream' aligns with current market trends. (U.today)