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.

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