Cryptocurrencies

    Ripple shifts US-based ODL operations to Tether (USDT) from XRP

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    In a recent court filing countering the SEC's motion for remedies and final judgment, Ripple revealed substantial modifications to its On-Demand Liquidity (ODL) services within the United States.

    The document explained that Ripple's US-based ODL operations have transitioned from leveraging XRP (CRYPTO:XRP) to adopting Tether (CRYPTO:USDT) as the primary bridge currency.

    This strategic shift indicates Ripple's adaptive approach in navigating regulatory landscapes and optimising its service offerings in compliance with legal frameworks.

    The move to Tether reflects a pivotal change in Ripple's operational strategy, aimed at sustaining its growth and operational efficiency amid ongoing legal scrutiny.

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