Ripple and MoneyGram Partnership
Hey Guys! Not sure if you heard the news released today, but Ripple and Moneygram have partnered up and Moneygram will begin piloting the Ripple for their payment processing. This may cause Ripple price to begin its turnaround from its current consolidation phase. Or, it could be a buy the rumor/sell the news and drive the price of Ripple down further. I think this partnership may make other money transfer companies interested in testing with cryptocurrency. What do you guys think of Ripple's new partnership? Do you think more money transfer companies will look into using a cryptocurrency for money transfers?
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Makes me wonder if some insider over at moneygram was the one that purchased 450 million ripple. The price spike certainly indicated some kind of partnership coming up. I suspected coinbase.
It’s definitly possible. The big companies are taking this Wild West mentality and running with it. Look at how Coinbase handled adding Bitcoin Cash. Now I feel like they are just sweeping it under the rug so to speak and we will never know who leaked the BCC addition.