MoneyGram to Stop Using Ripple’s XRP based Fund Transfer Service due to “Uncertainty” Surrounding Ongoing Litigation with SEC

MoneyGram International, Inc. (NASDAQ: MGI), a major cross-border P2P payments and money transfers service, has confirmed that it will no longer be using American Fintech Ripple Labs’ XRP-powered liquidity product. MoneyGram stated that it decided to stop using the technology due to the “uncertainty” surrounding… Read More
Read more in: Blockchain & Digital Assets, Global, Politics, Legal & Regulation | Tagged cross-border payments, money transfer service, moneygram, odl, On-Demand Liquidity, ripple, san francisco, united states, us, xrp