Connect with us

Noticias

Ripple declined to comment on the possible purchase of MoneyGram

Twitter user CryptHawk, citing a “trusted source”, said that cryptocurrency startup Ripple had acquired MoneyGram money transfer system on Monday, June 3. Seems like it's out! #Rippleven MoneyGram leading to a huge access / deal with Walmart! More to come believe me … – CryptHawk (@TheCryptHawk) June 5, 2019 The companies themselves said they did not […]

Published

on

money transfer system

Twitter user CryptHawk, citing a “trusted source”, said that cryptocurrency startup Ripple had acquired MoneyGram money transfer system on Monday, June 3.

The companies themselves said they did not comment on speculation and rumors, and advised to follow the official news.

Note that the partnership Ripple and MoneyGram, aimed at upgrading payments, was concluded in January 2018 . MoneyGram then indicated that it plans to use the xRapid solution and the XRP token in its work.

The difficult financial situation of the company speaks in favor of the possible purchase of MoneyGram – by the end of September 2018 its debts amounted to $ 902.8 million.

Meanwhile, Ripple does not publish its financial indicators, revealing only sales volumes of the native XRP token. So, in the first quarter of 2019, Ripple sold XRP in the amount of $ 169 million .

It is known that in May, Ripple entered into a partnership agreement with rival MoneyGram, money transfer system Ria Money Transfer, a subsidiary of a payment service provider Euronet Worldwide.

The Philippine company SendFriend also announced its readiness to use the xRapid solution for fast and cheap money transfers.

“We use an xRapid network with an XRP token. At the moment, you can send only private payments with it. The possibility of corporate payments will be added in the future, ”representatives of SendFriend stressed.

Among the new partners of Ripple was the Siamese Commercial Bank (SCB). The largest and oldest Thai bank plans to "soon" begin to use the XRP token.

Recall that on May 1, 1 billion XRP tokens were unfrozen on the Ripple escrow account. It is assumed that they will be used for various changes in the Ripple ecosystem, as well as for direct sales.

Subscribe to the BlockchainJournal news in Telegram: BlockchainJournal Live – the entire news feed, BlockchainJournal – the most important news and polls.

<< aside id = "unisender_subscribe_form-10" class = "widget unisender_form">

BlockchainJournal.news

BlockchainJournal.news

Continue Reading
Advertisement

Compañías

A la Luz del Exploit Confirmado, Ankr ha Solicitado la Suspensión del Trading

Published

on

By

Ankr

El protocolo de finanzas descentralizadas ha anunciado que está trabajando con los exchanges para dejar de comerciar con su moneda de recompensa de stake, aBNBc, inmediatamente.

(más…)

Continue Reading

Compañías

Trader Joe y su Primera Incursión en el Ecosistema Ethereum

Published

on

By

eth

La primera extensión de Trader Joe’s de Avalanche a la red Ethereum se anunció recientemente como parte de la ambición de la empresa de expandirse a nuevos mercados y aumentar la participación de los usuarios.

(más…)

Continue Reading

Compañías

Buenas Noticias para los Clientes de FTX; el Retiro de Fondos va a Comenzar

Published

on

By

ftx

Con el telón de fondo de la crisis de liquidez de FTX que llevó a la interrupción del retiro de fondos en el exchange de criptomonedas, la filial japonesa que es un subconjunto de la quebrada FTX ha puesto en marcha planes para reanudar los retiros de fondos para los clientes.

(más…)

Continue Reading

Trending