• That XRP logo is moving very fast (via Shutterstock).
    Ripple,  Technology

    Ripple, Intermex pen Mexican remittances deal

    International Money Express will use the blockchain payments company’s XRP-powered On-Demand Liquidity service to cut costs and reduce wait times

    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.

  • Brad Garlinghouse Ripple XRP Davos
    Ripple,  XRP

    Garlinghouse hints hard Ripple will go public

    Speaking at the WEF in Davos, Ripple CEO Brad Garlinghouse strongly suggested that the payments and settlement firm will go public with a stock offering this year

    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.

  • Huobi Global has launched an institutional brokerage (via Huobi).
    Cryptocurrencies

    Huobi Brokerage launches, targets institutional clients

    Huobi Group’s new digital asset brokerage platform also targets high net worth individuals

    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.”

  • A MoneyGram neon sign in New York (via Wiki commons).
    XRP

    MoneyGram confirms massive XRP use in Mexican peso transactions

    The money transfer service’s partnership with liquidity provider RippleNet now accounts for 10% of its Mexican business, and is set to go global

    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.