Brad Garlinghouse, Ripple CEO joined Squawk Alley on CNBC to share his opinion on Facebook’s Libra coin and to explain why it can pose high risks for the world of finance.
From SWIFT they said that banks now know they cannot stand still. They need to adapt their own systems to support them. Only a seamless and open global value transfer system can enable that.
Western Union CEO is sure: digital currencies and the blockchain have great potential of acting as a processing system for payments, however, he claims that sending money with Ripple is 5-times more expensive than Western Union.
Facebook’s upcoming crypto-platform is designed to help users transfer money as well as make online purchases in a seamless, hassle-free manner. The company said to roll out its own cryptocurrency ‘GlobalCoin’ by the end of Q1, 2020
Now Filipinos can receive and hold international money transfers initiated from Western Union’s digital network in more than 60 countries and retail network in more 200 countries and territories.
RationalFX, a foreign exchange United Kingdom-based firm, has recently tied up with Ripple to use its xCurrent, sending XRP price 13 percent higher.
An attacker exploited a concurrency bug and created 2.25 billion XLM. Despite there were no media reports on the matter, Stellar stated that they had mentioned the bug twice in their release notes where they made it clear that the bug was exploited.
With the help of Stellar-backed Thunes, Western Union is going to allow its clients to transfer funds directly to mobile wallets globally.
In this guest post, Max Hasselhoff, integration engineer from Bytecoin and long-standing crypto enthusiast, presents series 3 of Max’s Corner, in which he takes a look at some of the biggest stories happening in sphere of crypto adoption and tech growth.