Ripple Looks Back At Viral Announcements Of 2019: MoneyGram Perfects XRP Use
Ripple and XRP had a really successful 2019, and the company managed to mark a lot of important partnerships throughout the year.
The San Francisco-based firm also made a lot of efforts to promote its products and boost the complete XRP ecosystem.
Ripple also boosted the adoption of XRP, and Brad Garlinghouse explained that mainstream adoption of cryptos and more use cases for the digital assets in the real world are issues that are more important compared to the price fluctuations of digital assets.
Top Ripple posts of 2019
The company said that the top post on Ripple.com in 2019 was the announcement that highlighted the partnership with MoneyGram. This is focused on leveraging XRP for cross-border payments.
Ripple’s developer platform for XRP came on the second position and then followed the open letter from Ripple to Congress and its confirmation of more than 300 customers.
You should check out the complete official notes released by Ripple in order to learn more details.
Ripple and MoneyGram – perfecting the use of XRP
Not too long ago, it’s been revealed that MoneyGram’s CEO said that the company is working in order to optimize and perfect the use of XRP as an engine for moving money across borders.
You may recall that MoneyGram teamed up with Ripple and began using its XRP-based payment solution ODL during the past summer.
During a new interview on First Move, Alexander Holmes stated that the company’s experience with crypto and blockchain has eventually convinced him that the innovative technology holds the potential to transform the cross-border payments industry.
In terms of pricing, XRP is trading in the green today, just like the other digital assets in the crypto market.
At the moment of writing this article, XRP is trading at $0.193326.
2019 was not the best year for XRP price-wise, but as we already said above, ripple is focused on other issues. Anyway, Ripple and XRP fans are looking forward to seeing the digital asset skyrocket.
Garlinghouse is both the CEO and Chairman of Ripple Labs. This year, Ripple surpassed 300 partners, including over 115 banks worldwide. Having launched On-Demand Liquidity (ODL) for cross-border payments, Ripple now has more than 20 partners using XRP for ODL, including Moneygram, Western Union, and American Express.
Andreas Townsend Author
I am a technical writer, author and blogger since 2005. An industry watcher that stays on top of the latest features, extremely passionate about finance news and everything related to crypto.