Ripple Payments ODL: failed transfers convert XRP back to fiat and return funds to sender
- —Failed ODL payments are retried every 30 minutes for up to 12 hours
- —If unresolved, XRP is converted back to fiat and credited to the sender's SSA
- —The SSA functions like a nostro account, with balances reused for future payments
- —ODL processed $1.3 billion in Q2 2025, up 41% year over year
Why it matters: The recovery mechanism reduces the risk of stranded XRP on failed transfers and strengthens ODL's appeal to correspondent banks.
Source: Digital Today