remesas

🇨🇴🇺🇸 Ripple revolutionizes remittances between Colombia and the U.S.
Blockchain technology proves its utility beyond speculation. Ripple has started rolling out its On-Demand Liquidity (ODL) infrastructure using token $XRP as an instant liquidity bridge to connect remittances from the U.S. to Colombia.
This changes the game for thousands of families.
• Goodbye to high fees: Traditional operators bite between 5% and 7% per transfer. With ODL, the total operational cost drops below 1%.
• Instant speed: Transfers go from taking days to settling in a range of 3 to 5 seconds.
• Zero volatility risk: The process is invisible to the user. Dollars are converted to $XRP and switched to Colombian pesos in seconds; being instant, price fluctuations don’t impact the operation.
Colombia (ranked 5th in crypto adoption in LATAM) is positioning itself at the forefront of using crypto assets to solve everyday problems and high-impact financial issues.
#Ripple $XRP #Remesas #Blockchain