Ripple Sells $15 Million Worth of Its Stock Holding in MoneyGram
Ripple has offloaded 2,264,113 MGI shares i.e. 33% of its stake as per the latest filing with the US SEC. The blockchain startup hasn’t given any specific reason for this decision.
MoneyGram Q3 2020 Results: 114% Revenue Growth, Millions-Strong Investments from Ripple and Much More
By
Darya Rudz
In Q3 2020, MoneyGram continued to receive huge “market development fees” from its investors. Its major partner Ripple handed over $9.3 million over the period.
Ripple Is Set for ‘Rapid Growth’ in APAC Region Cross-Border Remittances
By
Tolu Ajiboye
In its new publication, Ripple has pointed out the major problems with remittance in the APAC region and explained how it can solve these problems.
Ripple’s Partners MoneyGram and Ria to Power Walmart’s Money Transfer Service
U.S. retail giant Walmart has entered in collaboration with Ripple’s partners Moneygram and Ria to expand its transfer services.
Ripple Labs Expands RippleNet as the First Vietnamese TPBank Joins It
It has been recently confirmed that Vietnamese TPBank is a new member that has taken a decision to join RippleNet.
XRP is 10X Safer than Fiat for Cross-Border Payments
Ripple insists that XRP is 10 times safer for making international payments that fiat currencies that today are still a more popular option.
Former Bank of America Executive Joins Ripple as Head of Regulatory Affairs
At Ripple, the former BoA executive will be responsible for communicating all the regulatory-related matters with the U.S. Securities and Exchange Commission.
Bank of America Tests Ripple’s DLT but Has No Plans to Use XRP Yet
Without loud announcements, Bank of America has conducted testing of Ripple’s distributed ledger technology. And it may seem that it won’t stop at this stage.
Ripple Makes Inroads into Europe by Making Yet Another Acquisition
Ripple Labs Inc has made a little-known but significant acquisition – Iceland-based of Algrim, which is a cryptocurrency trading firm with small but mighty talent pool.
New Petition Wants Ripple to Stop Dumping XRP into the Market
By
Andy Watson
A new petition requires Ripple to stop dumping XRP which could ensure a stronger demand for the coin and would let its price grow naturally.
UnionBank Launches Stablecoin, Carries Out First Bank Blockchain Transaction
UnionBank uses its i2i platform to offer the first bank-blockchain transaction in the Philippines connecting islands, individuals, and institutions while offering financial services to the unbanked Filipinos.
Exclusive: IBM Blockchain’s Todd Scott on Maersk, World Wire and Food Trust
Todd Scott, vice president of IBM Blockchain Global Trade spoke about blockchain projects IBM is engaged in as well as IBM’s cooperation with Stellar. He also said that Wold Wire will enable the use of stablecoins, and much more.
SendFriend Launches XRP-based Cross-border Payments in New Jersey
SendFriend incorporates Ripple’s xRapid software to enable Filipinos in the US to cut costs while sending money back to the Philippines in seconds instead of days.
Ripple Takes 10% Stake in MoneyGram to Deploy XRP
MoneyGram announced that they’ve agreed to a deal with blockchain company Ripple that involves an investment of up to $50 million. MoneyGram will use Ripple’s XRP technology to handle cross-border transfers of digital funds for at least two years under the deal.
Ripple is Changing People’s Lives in the ASEAN Remittance Network
Ripple along with its partners are changing lives in the South Eastern Asian Nations. Some call it the best testing grounds for blockchain and cryptos, since a lot of people are working abroad and using remittance networks to support their loved ones.