MoneyGram (NASDAQ:MGI) have recently confirmed that the company actually received more than eleven million dollars in the last six months from ripple(XRP) and that money could be actually described as “Ripple market development fees.....
The effective partnership between the remmittance company and also the crypto services firm was first announced last year after ripple have agreed to actually give up to US$50 million in order to ensure that the company support its payments product......,
the more people use the crypto services on the moneygram platform the more better it is for the ripple market because it will drive up the value of the crypto ...
Such partnership is really necessary and good for the crypto industry as a whole.......
I expect other crypto companies to engage in great partnership that will benefit both their business and other businesses too.....
I expect the price of ripple(XRP) to go up soon in the future....but I do not know how soon but I am sure it will still do well on the crypto market .....