Good news for $XRP holders

SBI Remit, a subsidiary of SBI Holdings in Japan, has integrated Ripple’s On-Demand Liquidity (ODL) solution using XRP as a bridge currency to streamline cross-border payments. Traditionally, international remittances require pre-funded accounts in the destination country and multiple intermediaries, leading to higher costs and delays. By adopting Ripple’s technology, SBI Remit can convert Japanese Yen into XRP, transfer it almost instantly across borders, and convert it into the recipient’s local currency — all within seconds.

This model eliminates the need for correspondent banking and reduces liquidity requirements, offering faster and more efficient remittance services. SBI Remit initially launched this system for remittances to the Philippines in partnership with local firm Coins.ph and SBI VC Trade, which handles the crypto exchange and liquidity. The move is a significant step in integrating blockchain-based solutions into mainstream finance and showcases a real-world use case for digital assets like XRP. SBI’s long-standing relationship with Ripple and its strong presence in Asia gives XRP a strategic advantage in the region’s growing remittance market. As more corridors are added, this model could become a blueprint for global cross-border payment solutions, reinforcing the value and relevance of XRP in financial infrastructure.

SBI Remit’s use of XRP as a bridge currency via Ripple’s On-Demand Liquidity (ODL) can positively influence XRP’s price over time, though the impact is complex. By being used as a utility token for real-world transactions, XRP gains intrinsic demand beyond speculative trading. Every remittance using XRP involves the purchase of XRP tokens for transfer and liquidity, which increases demand. If this volume scales across more corridors and financial institutions, consistent demand for XRP can exert upward pressure on its price.

However, the actual price impact also depends on overall market conditions, token supply, and investor sentiment.

DYOR