Ripple Sold Over $250 Million in XRP in the Second Quarter of 2019
Ripple, the company behind XRP, the third-largest cryptocurrency by market cap, has revealed that it sold $251.51 million in XRP in the second quarter of 2019. Ripple published its Q2 report on July 24.
Latin American Banks Exploring Ripple’s Cross-Border Payments Technology Across Eight Countries
A pair of banks in Latin America are reportedly taking a hard look at adopting Ripple’s cross-border payments technology.
Ripple Could Invest Up to $50 Million in MoneyGram in XRP Boosting Deal
Blockchain payments startup Ripple has struck a deal to buy a stake in money transfer giant MoneyGram, the companies announced Monday.
Ripple Partners With One of the World’s Largest Money Transfer Providers
Ria Money Transfer, a subsidiary of Euronet Worldwide and one of the largest money transfer businesses in the world, has joined RippleNet. Ria will leverage xCurrent to connect and transact with Ripple’s global blockchain payments network of 200+ financial institutions.
CEO of Japanese Finance Giant SBI Appointed as Ripple Labs Executive
Yoshitaka Kitao, CEO and representative director of Japanese financial services giant SBI Holdings, has been appointed as an executive of Ripple Labs Inc., Cointelegraph Japan reports on April 26.
Barclays, Ripple Back $1.7 Million Round for Remittance Firm Using XRP
Ripple, Barclays and other investors have backed a $1.7 million round for SendFriend, a new remittance startup that will use the XRP cryptocurrency to move funds internationally.
MEP Kaili: Banks Can’t Stop Us From Using Blockchain
A Greek member of the parliament (MEP) of the European Union, Eva Kaili, declared that central banks have too much control over people’s deposits, according to a post published on Ripple’s blog on Feb. 8.
Two Remittance Firms Go Live With Ripple-Based Payments to Thailand
Remittance firms UAE Exchange and Unimoni have gone live with blockchain-based payments using Ripple technology.