Bank of America To Partner With Ripple for ODL Services After XRP Lawsuit Finishes: Report

Bank of America To Partner With Ripple for ODL Services After XRP Lawsuit Finishes: Report


Bank of America is reportedly waiting for the end of the U.S. Securities and Exchange Commission (SEC) court case against Ripple to join forces with the San Francisco-based payments company.

At Ripple Swell 2022 in London, Ripple Labs CEO Brad Garlinghouse reportedly told Linqto Director of Member Sales Nick Burrafato that Bank of America is waiting for the court case to settle before using Ripple’s on-demand liquidity (ODL) products.

Says Burrafato,

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“[Brad Garlinghouse] made it clear that they’re ready to settle with the SEC as long as they can get clarity on XRP. I asked him if American companies were waiting on the sidelines to jump in the game once clarity happens – he said ‘Absolutely.’ He specifically said Bank of America. Bank of America is

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