Ripple CEO: The goal is to make ODL take over more than $ 2 trillion in liquidity over the next few years

Ripple CEO Brad Garlinghouse said the company is promoting the use of crypto assets XRP as a basis for reforming the way cross-border capital flows. The current correspondent banking system is cumbersome and outdated, which depends in part on the need for banks and financial institutions to place funds in various bank accounts around the world. In the long run, Ripple's XRP-based cross-border payment platform ODL (On-Demand Liquidity) aims to replace the current model. Ripple's goal is to enable ODL to take over more than $ 2 trillion of liquidity in existing systems over the next few years.