• 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.

  • Ripple CEO Brad Garlinghouse and Georgetown Law Prof. Chris Brummer in conversation at DC Fintech Week, October 23, 2019 (photo by Modern Consensus staff).
    Ripple,  XRP

    Clayton tantalizes XRP Army with suggestion of ‘fresh look’ at international payments

    With all eyes on Zuck, Fintech Week shows industry’s maturity and diversity

    WASHINGTON—Sometimes the best scheduling comes down to luck. Day Three of the four-day conference known as Fintech Week was clearly scheduled to keep attendees in the vicinity through at least Wednesday. Securities and Exchange Commission Chairman Jay Clayton, Ripple CEO Brad Garlinghouse, and Ethereum co-founder Joe Lubin were all on the scene at the Showroom on 14th St NW. All the better that, by coincidence, the conference locale was just blocks from the high stakes testimony Mark Zuckerberg was delivering at the same time at the Capitol.

  • Ripple (XRP)
    Ripple,  XRP

    Ripple bets big on micropayments with $260 million grant to Stefan Thomas’ Coil

    The 1 billion XRP grant former to its former CTO’s startup is intended to undercut the Web’s current advertising and subscription revenue model while expanding the use of XRP

    Ripple announced Thursday that it is giving its former CTO more than $260 million to change the way content is paid for on the Web. Ripple’s Xpring initiative to invest in companies building the XRP cryptocurrency ecosystem gave a 1 billion XRP grant to Coil, a micropayments company founded by former Ripple CTO Stefan Thomas.

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

    Ripple and MoneyGram announce deal

    The partnership can cut the cost of remittances from as much as $30 to fractions of a cent

    Ripple has announced a partnership that will bring blockchain technology to MoneyGram, a leading global money transfer firm that operates in more than 200 countries. As part of the deal, Ripple has committed $50 million to MoneyGram, which it can draw on in exchange for equity over the life of the two-year deal.