The latest rise in XRP comes after money transfer giant MoneyGramannounced plans to use it for faster worldwide payments.
As per a press release, MoneyGram will test the use of XRP via Ripple'sxRapid payment network, which it claims increases speed and reduces the costs of transferring money. Its transaction fee, at just "fractions of a penny", is also comparable to bitcoin's $30 (roughly Rs. 1,900) per transaction fee. Under the trial, MoneyGram will access and use Ripple's XRP. The CEO of Ripple stated that the company will probably build effectiveness and enhance administrations to MoneyGram's clients. "Money transfer companies are incredibly important because they help people get money to their friends and loved ones", said Brad Garlinghouse, CEO of Ripple.
Companies such as MoneyGram, the world's second-largest money-transfer business, typically use pre-funded accounts to fulfill customers' transfers, which can tie up capital.
U.S. travel warnings clarified Afghanistan was placed in Level 4, "Do not travel" category for reasons that included terrorism, civil unrest and armed conflict. Meanwhile, No. 3 advisories suggest travelers reconsider trips to designated locations, while No. 4 recommends against travel.
The development is based around MoneyGram running a pilot program of Ripple's xRapid technology, which is the platform that allows for real-time foreign exchange (FX) settlement and is the platform that Ripple has been shopping to a host of major banking and financial institutions globally over the last 12 months or more.
"Ripple is at the forefront of blockchain technology", Alex Holmes, chief executive officer of MoneyGram, said in the statement.
USA money transfer giant MoneyGram is testing the blockchain waters through a partnership with Ripple, the owner of the XRP digital currency.
Garlinghouse added that, by using Ripple's digital asset, MoneyGram would be able to move money "as quickly as information".
"We are excited about this pilot and a long-term strategic partnership with MoneyGram".
Ripple has confirmed the partnership with MoneyGram in a blog post yesterday, according to which Ripple's XRP altcoin will be integrated into MoneyGram's payment system. Immediately after the announcement, the price surged about 15 percent. The members of the Ripple's consortium includes many big banks and payment companies like American Express, UBS and Santander.
Newcastle icon Peter Beardsley denies bullying claims No decision has yet been made about Beardsley's long-term future at the club he graced in two separate spells as a player. A talented forward, the 56-year-old Beardsley played 59 times for England including at the World Cup in 1986 and 1990.
Political observers noted that the move could also be motivated by the possibility of demonstrators protesting Trump's visit. Trump's visit was expected to be mired with mass protests - a factor is likely to have influenced his decision.
But for a first-round match in a new game in the esports world, 350k ranks it around the 20th most watched esports event ever. New team skins plus a host of new updates have been released, as indicated in the " Overwatch " patch notes for January 10.
William and Kate's wedding party was publicly announced in February 2011 , almost two months before their April 29 wedding. Above all, don't ever forget your worth - as I've told you time and time again: you, my sweet friend, you are enough.
About 85 percent of Georgia voters who voted for Trump in 2016 approve of his work in his first year in office, the report said. Quinnipiac surveyed 1,106 voters from January 5-9 with a margin of error of plus or minus 3.6 percentage points.
Scott told USA Today last month that the reshoot was made possible because nobody but Plummer and the crew got paid. Williams seems to have decided that, of these two ideas, the former was more important.
He has said his resolution this year was to fix Facebook , and it looks like he sees this as a step in that direction. It's worth noting that a lot of people were already not seeing much news in their feeds anyway.
GM notes that the Cruise AV will be able to operate without a steering wheel, pedals or any other form of manual input. As the vehicle is entirely autonomous , the company said there was no need for a steering wheel or even a brake pedal.
The International Date Line zig-zags from the North Pole to the South Pole through the sparsely populated Pacific Ocean. The plane was however delayed for 10 minutes, it left Auckland for Honolulu at 12:05 am on January 1st 2018 .
It's Facebook's attempt to erase practically all news from the feed to give users a sense of community, not outrage and clickbait. CFO Dave Wehner has already made it explicitly clear there's no more room in news feed for Facebook to show more ads.
Ahead of the release of " Dragon Ball FighterZ " this month, developer Bandai Namco shared a new trailer revealing a new fighter. Hit's signature attack is Time Skip, an ability that lets him jump forward in time by a tenth of a second.
President Moon Jae-in has emphasized that the agreement is not accepted by the general public in Korea and called it "flawed". Those opposed to the 2015 deal want Japan to take legal responsibility and provide due compensation.
ULA set for second attempt at spy satellite launch
The GEM 60s provided additional thrust to the lone Aerojet Rocketdyne RS-68A engine located in the Delta IV's first stage. Greg Wood, launch commander and vice commander of the Air Force's 30th Space Wing, said in a statement earlier this week.
Cold front to bring sweater weather back to Central Florida
Sam Shamburger, lead forecaster with NWS, says that a mix of freezing rain, sleet, and snow will impact travel across the area. The Modesto Irrigation District reported that more than half of an inch of rain had fallen in downtown Modesto on Tuesday.
UCF fans ask Alabama for a home-and-home football series
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Darkest Dungeon Will Stalk The Switch On January 18, 2018
Available through two "Waves", Wave 1 of the Battle Pack will include Aegislash and Support Pokemon Mega Rayquaza and Mimikyu. Since the Direct appeared this morning, your friends at Mammoth Gamers have summarized the biggest stories to come out.