Ripple XRP and Payments Giant MoneyGram Partner For Cross-Border Remittances

Innovation, Investing, News, Regulation | January 11, 2018 By:

Ripple, whose XRP token is the third-largest cryptocurrency in market cap, has partnered with payments giant MoneyGram for a new cross-border payments solution using XRP.

Global payments is a growing market, particularly with mobile solutions increasingly coming on board. It is estimated that remitters sent nearly $600 billion in cross-border payments in 2016.


Delaware Judge Dismisses R3 Suit Against Ripple

FinTech, Investing, News | October 13, 2017 By:

A Delaware judge has dismissed R3 Holdco’s billion-dollar lawsuit against Ripple Labs, the creators of Ripple XRP, the fourth-largest cryptocurrency.

New York-based blockchain startup R3 Holdco LLC filed suit last month against Ripple Labs Inc. in the Delaware Chancery Court. The complaint charged Ripple with reneging on a deal to sell R3 up to five billion XRP tokens within the next two years at a lower-than-current market price.