Ripple to Use MoneyGram for Faster International Payments

Ripple joins forces with MoneyGram, one of the worlds largest money transfers companies. This union allows MoneyGram customers to send and complete cross-border payments cheaper and quicker, funds made in real time using XRP, the digital altcoin on xRapid network.

When the announcement was made XRP's value exploded, as seen on the chart below.

The price went from $1.80 USD to $2.40 before settling at its current price of this writing $2.17.

So what do you think of XRP - Ripple? is it a coin that will continue to rise and gain notoriety for the fact that it is controlled and manipulated by big banks? Will the Cryptocurrency community support a coin that is controlled by they banks? Will the altcoin space slowly be overrun by corporations looking to increase their value. One thing is for sure, the bankers will continue to get rich and burn their fiat currency.