MoneyGram and Ripple are teaming up

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  1. MoneyGram and Ripple are teaming up  Business Insider
  2. Moneygram Deal Gives Ripple a Boost  U.S. News & World Report
  3. Bitcoin Price Rises as Cryptocurrencies Rally  Investopedia (blog)
  4. Full coverage

Legacy remittance provider MoneyGram will form a strategic partnership with distributed ledger fintech Ripple to pilot XRP, the cryptocurrency used on Ripple s network, in MoneyGram s "payment flows," as well as some other Ripple offerings. The firms didn t specify how many of MoneyGram s transactions .Ripple surges after teaming up with MoneyGram on cryptocurrency enabled payments. MoneyGram, based in Dallas, Texas, will use XRP to speed up and reduce the cost of transferring money through Ripple s payment network xRapid. MoneyGram, based in Dallas, Texas, will use the XRP .Ripple, a blockchain company and rival to bitcoin, on Thursday announced a tie up with Dallas based money transfer giant MoneyGram. The move is significant because the arrangement involves the use of XRP, Ripple s digital currency, which has recently soared in value but also faced questions about its .Last week, we reported on a rumored partnership between Ripple and Western Union. That remains unconfirmed, but Business Insider has reported that Ripple and MoneyGram have teamed up. The project is still in its infancy, but MoneyGram hopes to use Ripple s cryptocurrency, known as XRP, in its .

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