Ripple’s XRP Is Not Used by Intermex for Its Mexican Remittances
By
Darya Rudz
Ripple’s XRP is not suitable for Mexican remittances, but it might be a good solution in the African market where Intermex has recently expanded.
MoneyGram 2019 Annual Report: $11.3 Million XRP Sold during Partnership with Ripple
By
Darya Rudz
In 2019, MoneyGram has received $11.3 million worth of XRP, $8.9 million in the fourth quarter only. In 2020, this number seems to be increased.
Is the International Remittance Industry Headed the Cryptocurrency Way?
Cryptocurrencies are no longer a passing fad – blockchain is changing the standards of the financial systems. Bitcoin, Ether and Ripple have initially stimulated the development of numerous start-ups, but today they experience the increasing interest on the part of traditional financial institutions.
South Korean Bank Reports Successful Test of Ripple Remittance
The traditional cross-border payment systems may start to be driven out by the distributed ledger technologies as Woori bank considers commercializing of Ripple-based overseas remittances this year.