ODL (On-Demand Liquidity), Demystified: What It Is, What It Isn’t, and Where the Data Actually Points
CryptoQuibbler infographic — global payment network map highlighting ODL corridors like US→Mexico and Japan→Philippines 🔑 Key Takeaways ODL is a rails-and-liquidity workflow , not a price pump—quotes are pre-agreed and time-boxed; XRP’s role is the settlement bridge between fiat pairs. Coverage & scale: Ripple cites broad global coverage (90+ payout markets, 55+ currencies, >$70B processed) via Ripple Payments (ODL’s platform). Speed vs. legacy rails: XRPL finalizes ledgers in ~ 3–5 seconds ; by contrast, SWIFT gpi reports the vast majority credit within a day and many within ~30 minutes—still not “seconds.” Decentralization snapshot: The default UNL is published by the XRPL Foundation and Ripple . Negative UNL improves resiliency when recommended validators go offline. Regulatory overhang eased: 2025 developments (settlement framework and appea...