Crypto Eri, a renowned blockchain analyst, has brought attention to Ripple’s implementation of the USDT stablecoin as the bridge currency for its On-Demand Liquidity (ODL) transactions. This shift, according to Eri, is not unexpected, as Ripple has expressed its intention to expand the use of other digital assets as bridges for its Ripplenet network.
Monica Long, President of Ripple, provided further context in a recent post, highlighting the company’s practices following the SEC lawsuit filed in 2021. The post emphasized Ripple’s dedication to adhering to regulatory standards and its focus on providing compliant and efficient financial services.
