Tranglo, a major partner of Ripple, has processed over $1 billion in On-Demand Liquidity (ODL) transactions since their partnership in 2021. This achievement was highlighted in a recent report on the benefits of partnerships in the cross-border payment industry. The report also noted the projected growth of the industry, which is expected to reach $250 trillion in the next four years. Despite this growth, the industry faces challenges such as high transaction costs and poor exchange rates, which partnerships like Ripple and Tranglo aim to address. Since their collaboration, Tranglo has expanded its reach and opened up new payment corridors in various jurisdictions.