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Ripple, Tranglo and the 2021 On Demand Liquidity RoadMap

This morning, CryptoEri posted an amazing slide, look like it is directly from a Ripple presentation going over Ripples 2021 On Demand Liqudity (XRP) Roadmap.


I want to take a second and step back and look at the bigger picture between Ripple acquisition of Tranglo. Tranglo enables secure and seamless cross-border payments to thousands of banks, cards, wallets, cash and mobile operators globally. Ripple has agreed to acquire 40% of Asia’s leading cross-border payments specialist Tranglo. This partnership enables Ripple to meet growing customer demand in the region and expand the reach of RippleNet’s On-Demand Liquidity (ODL) service — which uses the digital asset XRP to instantly send money and reduce working capital needs. Tranglo, a leading Asian cross-border payment firm backed by Ripple, announced that the company has received new approvals from the Monetary Authority of Singapore (MAS) to provide account issuance, domestic money transfer and e-money issuance services.

In an announcement, Tranglo mentioned that the company obtained approvals under the Payment Services Act (PSA), which was passed by the Singaporean Parliament on 14 January 2019. Tranglo is planning to expand its services through the latest approvals.

Tranglo will be able to enhance its payment function in different countries including the Philippines, Indonesia, Thailand, Vietnam and Singapore. As we look over the roadmap what do we see:
Philippines – Q1 XRP Rollout
Indonesia – Q3/Q4 XRP Rollout
Thailand – Q3/Q4 XRP Rollouts
Vietnam – TP Bank is on RippleNet and SBI Asia is connected here – New ODL Corridor coming soon
Singapore – Q3/Q4 XRP Rollout

 

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