Money transfer giant MoneyGram will use Ripple's xRapid and the XRP cryptocurrency to settle cross-border transactions as part of a new partnership.
Coming off several weeks of intense criticism enterprise blockchain startup Ripple has revealed several clients using its native cryptocurrency, XRP.
International money-remittance firm MoneyGram is partnering with Ripple to test the startup's XRP token for international payments.
MoneyGram still doesn't think bitcoin will impact its business – but it sees blockchain-powered banks as a potential way for it to cut costs.
Bitcoin and the blockchain were frequent topics at the annual Money20/20 conference held in Las Vegas last week.
CoinDesk speaks to MoneyGram executive vice president Peter Ohser about why he believes bitcoin will fail to disrupt the remittance market.