• Latest
MoneyGram CEO – With Ripple’s ODL, We’re able to settle billions of dollars in seconds |

MoneyGram CEO – With Ripple’s ODL, We’re able to settle billions of dollars in seconds |

November 8, 2019
ygg sea surpasses 10,000 scholarships in just six months of launch

YGG SEA Surpasses 10,000 Scholarships in Just Six Months of Launch

May 6, 2022
mintable launches industry changing gas free minting service on ethereum

Mintable Launches Industry Changing Gas Free Minting Service on Ethereum

May 1, 2022
5 projects enabling smart contract development on bitcoin

5 Projects Enabling Smart Contract Development on Bitcoin

April 29, 2022
bitcoin atm installed in mexico's senate building

Bitcoin ATM installed in Mexico’s Senate Building

April 27, 2022
cross chain services play a crucial role in facilitating continued adoption of defi applications

Cross-Chain Services Play a Crucial Role in Facilitating Continued Adoption of DeFi Applications

April 26, 2022
justin sun launches usdd, integrating the blockchain world and the real world with the decentralized stablecoin

Justin Sun Launches USDD, Integrating the Blockchain World and the Real World with the Decentralized Stablecoin

April 25, 2022
nfts: the next musical revolution

NFTs: The Next Musical Revolution

April 24, 2022
things you should know before investing in nfts

Things You Should Know Before Investing in NFTs

April 24, 2022
what are wrapped tokens?

What Are Wrapped Tokens?

April 23, 2022
what is the future of ethereum (eth)?

What is the future of Ethereum (ETH)?

April 22, 2022
green gaming

Everything You Need to Know About Play-to-Earn on Algorand in 2022

April 21, 2022
$ape going bananas as rumors of upcoming land sale of bayc metaverse gather momentum

$APE Going Bananas As Rumors of Upcoming Land Sale of BAYC Metaverse Gather Momentum

April 21, 2022
  • Home
  • Coin Market Cap
  • Bitcoin
  • Ethereum
  • Ripple
  • Litecoin
  • Alt Coin
  • Business
  • Trading
  • Mining
CoinNewsDaily
  • Home
  • Coin Market Cap
  • Bitcoin
  • Ethereum
  • Ripple
  • Litecoin
  • Alt Coin
  • Business
  • Trading
  • Mining
No Result
View All Result
  • Home
  • Coin Market Cap
  • Bitcoin
  • Ethereum
  • Ripple
  • Litecoin
  • Alt Coin
  • Business
  • Trading
  • Mining
No Result
View All Result
CoinNewsDaily
No Result
View All Result
Home Ripple

MoneyGram CEO – With Ripple’s ODL, We’re able to settle billions of dollars in seconds |

coinnewsdaily by coinnewsdaily
November 8, 2019
in Ripple
0
MoneyGram CEO – With Ripple’s ODL, We’re able to settle billions of dollars in seconds |
190
SHARES
1.5k
VIEWS
Share on FacebookShare on Twitter

Related articles

price analysis 4/20: btc, eth, bnb, xrp, sol, ada, luna, avax, doge, dot

Price analysis 4/20: BTC, ETH, BNB, XRP, SOL, ADA, LUNA, AVAX, DOGE, DOT

April 21, 2022
ripple claims ‘a very big win’ in sec case

Ripple claims ‘a very big win’ in SEC case

April 19, 2022

Alex Holmes, CEO of MoneyGram discussed with Brad Garlinghouse, CEO of Ripple during a Swell conference hosted in Singapore. The conversation between CEOs of both firms revealed various remarks on the state of the market.

As Ripple’s partner, MoneyGram CEO shared interesting updates regarding the company using Ripple’s product, On-Demand Liquidity that leverages XRP cryptocurrency. Holmes said that the firm currently processes 10% of US-Mexico transactions using the ODL solution. Discussing with CEO Brad Garlinghouse at Ripple’s Swell 2019 conference in Singapore, he stated that the firm is settling billions of dollars in seconds.

New on Insights: MoneyGram CEO Alex Holmes on the current remittance industry landscape, how blockchain and digital assets are being leveraged within MoneyGram and the benefits of using #ODL. https://t.co/AFz7I2OUBW#SwellbyRipple

— Ripple (@Ripple) November 8, 2019

The magic comes from pairing MoneyGram transactions with Ripple’s ODL,” commented Holmes.

As a partnership deal with MoneyGram, Ripple invested $50 million whereas latter agreed to execute its cross-border transactions using XRP. Holmes on Friday further added;

“What I love about ODL is that we’re completely at the forefront of this technology”

It’s also worth noting that Holmes earlier complaint that Ripple is moving with ODL too slowly and urged Ripple to expand this service to other corridors, not only Mexico. Elaborating his stance on the global remittance industry, he emphasized the need for a solution to problems such as the gap of coordination between financial entities.

“The fundamental challenge of moving money around the world is that there isn’t a lot of coordination between financial institutions and there should be more solutions to connect all of these pieces”, he said.

Image Source – Twitter @ Ripple



Credit: Source link

Share76Tweet48
Previous Post

Crypto and Blockchain Jobs Have Increased By 26% Since 2018: Research

Next Post

Price Analysis 08/11: BTC, ETH, XRP, BCH, LTC, EOS, BNB, BSV, XLM, TRX

coinnewsdaily

coinnewsdaily

CoinNewsDaily.com is an online Crypto Coin News Website that aims to provide latest trendy news from market and around the world.

Related Posts

price analysis 4/20: btc, eth, bnb, xrp, sol, ada, luna, avax, doge, dot
Alt Coin

Price analysis 4/20: BTC, ETH, BNB, XRP, SOL, ADA, LUNA, AVAX, DOGE, DOT

April 21, 2022
ripple claims ‘a very big win’ in sec case
Ripple

Ripple claims ‘a very big win’ in SEC case

April 19, 2022
ripple’s case: how will it affect xrp’s 2022 price?
Ripple

Ripple case: How will it affect XRP 2022 price?

April 17, 2022
price analysis 4/11: btc, eth, bnb, sol, xrp, ada, luna, avax, dot, doge
Bitcoin

Price analysis 4/11: BTC, ETH, BNB, SOL, XRP, ADA, LUNA, AVAX, DOT, DOGE

April 11, 2022
price analysis 4/6: btc, eth, bnb, sol, xrp, ada, luna, avax, dot, doge
Bitcoin

Price analysis 4/6: BTC, ETH, BNB, SOL, XRP, ADA, LUNA, AVAX, DOT, DOGE

April 7, 2022
price analysis 4/4: btc, eth, bnb, sol, xrp, ada, luna, avax, dot, doge
Bitcoin

Price analysis 4/4: BTC, ETH, BNB, SOL, XRP, ADA, LUNA, AVAX, DOT, DOGE

April 4, 2022
Load More
Next Post
Price Analysis 08/11: BTC, ETH, XRP, BCH, LTC, EOS, BNB, BSV, XLM, TRX

Price Analysis 08/11: BTC, ETH, XRP, BCH, LTC, EOS, BNB, BSV, XLM, TRX

Categories

  • Alt Coin
  • Bitcoin
  • Business
  • Ethereum
  • ICO
  • Litecoin
  • Mining
  • NFT
  • Ripple
  • Tech
  • Trading

What New here?

  • YGG SEA Surpasses 10,000 Scholarships in Just Six Months of Launch
  • Mintable Launches Industry Changing Gas Free Minting Service on Ethereum
  • 5 Projects Enabling Smart Contract Development on Bitcoin

Subscribe to Get More!

Loading
  • About Us
  • Contact Us
  • Privacy & Policy

© 2018-2021 CoinNewsDaily.com by CoinNewsDaily Inc. Crafted with Love by iFtiDev

No Result
View All Result
  • Home
  • Coin Market Cap
  • Bitcoin
  • Ethereum
  • Ripple
  • Litecoin
  • Alt Coin
  • Business
  • Trading
  • Mining

© 2018-2021 CoinNewsDaily.com by CoinNewsDaily Inc. Crafted with Love by iFtiDev

  • bitcoinBitcoin(BTC)$20,988.001.33%
  • ethereumEthereum(ETH)$1,221.543.16%
  • tetherTether(USDT)$1.000.32%
  • binancecoinBNB(BNB)$239.843.86%
  • rippleXRP(XRP)$0.350240-0.76%
  • cardanoCardano(ADA)$0.4932120.70%
  • SolanaSolana(SOL)$39.191.36%
  • dogecoinDogecoin(DOGE)$0.071592-1.89%
  • polkadotPolkadot(DOT)$7.920.96%
  • Shiba InuShiba Inu(SHIB)$0.0000110.08%
  • daiDai(DAI)$1.000.12%
  • tronTRON(TRX)$0.067591-1.01%
  • leo-tokenLEO Token(LEO)$5.80-2.50%
  • matic-networkPolygon(MATIC)$0.572.74%
  • litecoinLitecoin(LTC)$56.381.18%
  • FTXFTX(FTT)$27.171.35%
  • chainlinkChainlink(LINK)$6.945.28%
  • CronosCronos(CRO)$0.1264802.48%
  • OKBOKB(OKB)$12.431.36%
  • stellarStellar(XLM)$0.1203050.77%
  • cosmosCosmos Hub(ATOM)$7.87-3.20%
  • algorandAlgorand(ALGO)$0.3329500.87%
  • ethereum-classicEthereum Classic(ETC)$16.600.21%
  • moneroMonero(XMR)$122.40-2.57%
  • bitcoin-cashBitcoin Cash(BCH)$111.780.02%
  • vechainVeChain(VET)$0.0250702.46%
  • tezosTezos(XTZ)$1.668.21%
  • Internet ComputerInternet Computer(ICP)$5.982.92%
  • theta-tokenTheta Network(THETA)$1.352.01%
  • filecoinFilecoin(FIL)$5.830.33%
  • ElrondElrond(EGLD)$56.822.18%
  • bitcoin-cash-svBitcoin SV(BSV)$60.310.92%
  • eosEOS(EOS)$1.002.04%
  • AaveAave(AAVE)$67.896.74%
  • makerMaker(MKR)$1,016.170.93%
  • paxos-standardPax Dollar(USDP)$1.000.37%
  • huobi-tokenHuobi(HT)$5.310.78%
  • iotaIOTA(MIOTA)$0.2919330.56%
  • zcashZcash(ZEC)$62.53-1.87%
  • neoNEO(NEO)$9.600.48%
  • zilliqaZilliqa(ZIL)$0.0444100.32%
  • basic-attention-tokenBasic Attention(BAT)$0.3952151.03%
  • wavesWaves(WAVES)$5.82-1.00%
  • havvenSynthetix Network(SNX)$2.55-3.55%
  • dashDash(DASH)$49.24-0.26%
  • PancakeSwapPancakeSwap(CAKE)$3.393.16%
  • KusamaKusama(KSM)$53.981.65%
  • nemNEM(XEM)$0.0429393.63%
  • CompoundCompound(COMP)$51.092.14%
  • Elrond ERDElrond ERD(ERD)$0.0259290.00%
  • ethlendAave [OLD](LEND)$4.103.48%
  • qtumQtum(QTUM)$3.042.23%
  • bitcoin-goldBitcoin Gold(BTG)$17.19-0.44%
  • omisegoOMG Network(OMG)$2.013.01%
  • golemGolem(GLM)$0.2531272.94%
  • SushiSushi(SUSHI)$1.172.47%
  • ontologyOntology(ONT)$0.2519214.34%
  • yearn-financeyearn.finance(YFI)$6,102.30-3.49%
  • umaUMA(UMA)$2.742.66%
  • digibyteDigiByte(DGB)$0.0101470.47%
  • UniswapUniswap(UNI)$2.4438.80%
Posting....