In an announcement Tuesday, Ripple said that its technology will be used for a new XRP-based remittance service from Intermex, a money remittance services company focused primarily on the Latin America and Caribbean corridor.
Speaking at the World Economic Forum in Davos, Switzerland, on Friday, Ripple CEO Brad Garlinghouse more or less said outright that Ripple wants to go public with a traditional stock market initial public offering this year.
Ciara Sun, Vice President of Global Business at Huobi Group, said 2020 is the beginning of the “next phase of crypto. 2019 brought the first wave of institutional interest but 2020 is when we expect to see the industry mature with growing demand.”
The head of MoneyGram confirmed today that the global money transfer company has been using XRP cryptocurrency to exchange U.S. dollars and Mexican pesos extensively since July.