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Short Short Explanation HOW XRP ODL Works On-Demand Liquidity Ripple ODL works in 5 Step ProcessRipple is the company behind XRP, and it's a payment settlement system and currency exchange network that can process transactions globally. �. The purpose of Ripple is to utilise the internet, blockchain technology and the XRP currency to allow value transfers across borders in a quick, cost-efficient. It is the native digital currency on the XRP Ledger�an open-source, permissionless, distributed ledger that has the ability to settle transactions in 3 to 5.