Ripple, based in the United States, has announced a new cooperation with SBI Remit, Japan's largest money transfer provider, Coins.ph, and SBI VC Trade, a digital asset trading platform, to revolutionise remittance payments from Japan to the Philippines. XRP jumped 19% after Ripples announced the launch of its first on-demand liquidity (ODL) service in Japan. It is now trading at roughly $0.70.