#Ripple
Ripple’s Partnerships & Expansion – Deep Dive**
Ripple has been actively expanding its global footprint through strategic partnerships, focusing on **cross-border payments, CBDCs, and decentralized finance (DeFi)**. Here’s a detailed breakdown:
### **A. On-Demand Liquidity (ODL) & Payment Partnerships**
Ripple’s **ODL** (now rebranded as **Ripple Payments**) uses XRP for instant, low-cost international transactions. Recent developments include:
**1. African Expansion**
- **MFS Africa (now Onafriq)** – One of Africa’s largest mobile money networks, using Ripple’s tech for cross-border payments.
- **Flutterwave** – A major African fintech firm integrating Ripple for remittances.
- **New Partnerships in Egypt & Morocco** – Ripple is working with local banks to enhance remittance corridors.
**2. Asia-Pacific Growth**
- **SBI Remit (Japan)** – Uses XRP for instant transfers to the Philippines, Vietnam, and Indonesia.
- **Tranglo (Malaysia/Singapore)** – A key partner for ODL in Southeast Asia.
- **New Zealand & Australia** – Ripple is in talks with banks for payment solutions.
#### **3. Latin America (LATAM) Focus**
- **Bitso (Mexico)** – Major crypto exchange facilitating U.S.-Mexico remittances via XRP.
- **Santander (Brazil & Argentina)** – Testing Ripple-powered transfers.
B. Central Bank Digital Currency (CBDC) Projects**
Ripple is positioning itself as a leader in CBDC infrastructure:
- **Palau** – Piloting a **USD-backed stablecoin** on the XRP Ledger (XRPL).
- **Bhutan & Montenegro** – Partnered with Ripple for CBDC development.
- **Colombia’s Digital Peso** – Ripple is working with the central bank on blockchain trials.
- **UK & Europe** – Ripple is in discussions with several central banks for CBDC solutions.
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### **C. XRP Ledger (XRPL) & DeFi Growth**
The **XRPL** is seeing increased adoption beyond payments:
- **AMM (Automated Market Maker) Integration** – Now live, enabling decentralize
