- Ripple launched Line of Credit, a new beta service on RippleNet that allows customers using On-Demand Liquidity
- Limited access to working capital is also one of the biggest barriers to growth for many companies
- Faced with stalled growth, customers turn to creating bespoke credit arrangements with each partner, in each destination market
- Each arrangement requires additional overhead and also management, making it a slow, burdensome
- Ripple’s Line of Credit solves this problem for customers by providing upfront access to capital for every market through one simple credit arrangement
- RippleNet customers simply take advantage of one simple XRP-based arrangement everywhere that ODL is available
Ripple: Introduces Line of Credit
