Blockchain Ripple announced on January 12 that blockchain payment gateway service provider Ripple has entered into a partnership with MoneyGram, a global payment giant.
According to Ripple's news released content, MoneyGram will use Ripple digital currency into its payment system. It is reported that this integration will help GGF solve the problem of outdated liquidation liquidity, and this is exactly what is causing the headache of most financial institutions today.
Brad Garlinghouse, chief executive of Ripple, commented in his blog post:
"The issue of payments not only affects banks but also payment companies such as the Money Exchange, which has the greatest advantage of helping people remit money to what they care about most. By using digital assets such as RIGOL, liquidation can be done at This is done in three seconds (or even less), so our customers can send and receive money at the speed of text messaging."
Garrinhaus also said that as a "currency",Ripple currency have more advantages than Bitcoin. In early January this year, Ruipo currency rose sharply, allowing ripple chairman Chris Larsen's personal fortune to compete with Warren Buffett and Bill Gates. Currently, Chris Larson owns 37% of Ripple.
In recent weeks, Ripple has announced several deals, and in the first week of the year, the prices of Ruipo coins have soared. Of course, Coinbase was "trapped" by adding 30% to the price of Ruipo coins on its platform, but the situation has now improved. According to CoinMarketCap data, in the past 24 hours, the price of Reborn currency has risen nearly 8%.