MoneyGram, the money transfer service provider that received $50 million from Ripple, is offering Brian Armstrong, the CEO of Coinbase, a promo code to try their service. Brian, who heads the multi-billion, for profit cryptocurrency exchange which happens to be one of the oldest and popular in the United States, has not replied. And he
Ripple-backed MoneyGram is partnering with Lulu Exchange, an UAE-based exchange, to “help Lulu digitize its money transfer business and partner together to bring leading, consumer-centric capabilities to consumers in Oman and across the Asia-Pacific region.” MoneyGram is a money transfer service provider that received a $50 million investment for Ripple in return for their adoption
There is no need to dwell on XRP because its success is inevitable thanks to Ripple Inc., the $10 billion company. This is the view of one XRP supporter whose Twitter post has attracted positive comments from the wider community. Ripple’s Role TO EVERYONE ALIVE ON THE EARTH: Since people STILL question this, let me
Ripple (XRP) is on a roll. In the top 20, the third most valuable coin, is up roughly 10% according to data from coin trackers, outperforming Bitcoin (BTC) and Ethereum (ETH) by 2X and 3X, respectively. Ripple’s surge comes after a depressed 2019 where prices more than halved, sinking from highs of 37 cents to
The shares of Dallas-based, Ripple Inc-backed, MoneyGram, took a nosedive Thursday Nov 14, posting losses worth 26%. MoneyGram is one of the world’s largest money transfer giants. Mid this year, Ripple Inc. announced their strategic deal with MoneyGram that would see the latter incorporate xRapid for efficiency and cost-reduction. Trump To Be Blamed For This?
Ripple CEO, Brad Garlinghouse recently took to Twitter and has highlighted XRP’s utility in settling cross border payments. He further went on to give the example of MoneyGram which is experiencing real-time settlement (~60 seconds) in USD to Mexican pesos. Ripple MoneyGram Synergy To Revolutionize Cross-Border Payments For the purpose of cross-border payments, Ripple offers
Ripple bought a share issue from MoneyGram worth $30 million at $4.10 per share to acquire 8-10% of the company. MoneyGram would also have an option of infusing another $20 million over the next two years. A strategic partnership will now ensue where Ripple will become the critical service provider for cross-border payment and foreign