Ripple and Lemonway Boost Efficiency with On-Demand Liquidity, Says Expert

• Lemonway leverages RippleNet’s ODL to improve EUR transactions, enhancing speed, transparency, and cost efficiency.
• Ripple partners with Chainlink to support RLUSD stablecoin, boosting global accessibility via top crypto exchanges.
• Ripple and MoonPay donated $50K RLUSD to aid California wildfire responders, showcasing blockchain’s social impact potential.

Bill Morgan, a lawyer, recently acknowledged the insights shared by Kahneman, known for his detailed reporting on Ripple, XRP, and the XRP Ledger (XRPL). 

Great news reported by @WKahneman who is always finding great info on Ripple, XRP and XRPL to share,
👇sums it up Ripplenet is better because the XRPL is better.

Lemonway did not choose lightning @ScamDetective5
oh well https://t.co/4DLuGAcu8L pic.twitter.com/0uPV1AoI9y

— bill morgan (@Belisarius2020) January 11, 2025

Kahneman emphasized that RippleNet’s superiority stems from the advantages of the XRPL. Lemonway, a Ripple partner, has launched Online Onboarding, streamlining customer involvement and enhancing its operational efficiency.

Lemonway and RippleNet

Lemonway, focusing on EUR-EUR transactions, leverages RippleNet’s On-Demand Liquidity to enhance its treasury payments system. This partnership addresses common challenges in cross border payments, such as speed, reliability, and high transfer costs. 

By adopting RippleNet blockchain technology, Lemonway gains a competitive edge, enabling faster, more transparent, and cost effective transactions. Lemonway’s COO, Jeremy Ricordeau, noted that using Ripple’s ODL frees up funds, benefiting clients.

Ripple’s collaboration with Lemonway shows the growing adoption of blockchain technology in financial services. The partnership with Nium, another Ripple partner, expands Lemonway’s global money network, addressing operational complexities and improving service delivery. This alliance shows the practical benefits of blockchain technology in modern financial systems.

Chainlink and Ripple Partnership 

Ripple recently partnered with Chainlink to support RLUSD, a stablecoin that received regulatory approval from the NYDFS on December 10, 2024. This partnership shows the importance of reliable oracle services in blockchain platforms. 

Chainlink’s secure and accurate data services enhance Ripple’s functionality, making it more versatile. The RLUSD stablecoin debuted on five crypto exchanges, including Uphold, MoonPay, Archax, Bitso, and CoinMENA, on December 17, 2024. 

Ripple aims to expand the list of supported exchanges to include Bullish, Bitstamp, and Mercado Bitcoin, ensuring wider accessibility for users and institutions globally. This collaboration indicates Ripple’s commitment to enhancing global payment solutions through digital innovation.

Ripple and MoonPay

Ripple and MoonPay recently donated $50,000 of RLUSD to the LAFD Foundation, supporting first responders during the California wildfires. This initiative is part of broader efforts by tech and financial institutions to address social issues through innovative methods. 

According to Ripple, this collaboration demonstrates a growing corporate interest in community support and highlights the potential of blockchain technology to make a positive social impact.

Ripple and @MoonPay have donated $50,000 of $RLUSD to @LAFDFoundation in support of the first responders on the frontlines of the California wildfires. We are continuing to evaluate how we can best help these critical efforts. #RippleImpact

— Ripple (@Ripple) January 10, 2025

The partnership between Ripple and MoonPay showcases the integration of financial services and blockchain technology to support local communities. As Ripple partners grow, its influence in the blockchain and financial sectors increases.