- Nov 26, 2014
full story - https://www.crypto-news-flash.com/ripple-fxcoin-plans-xrp-based-global-cash-management-system/
- The Japanese exchange FXCoin plans to use the XRP token for global cash management and domestic and international remittances.
- FXCoin will establish a swap market for XRP to hedge price movements in order to take advantage of the benefits of the cryptocurrency.
Layman's terms: Ripple is in this hoe! As i said before, there was news (that's since been erased) that i found which said ripple has contracts with moneygram and other already done. This confirms, They have Moneygram in the backpocket and it will be announce din due time, they are the official 'transfer token/currency' for all these wires. Banks too will catch on because Zelle won't be sufficient. It's not digitally advanced enough.MoneyGram revealed the figure in its Q2 earnings report published on Thursday. The Nasdaq-listed firm said Ripple paid $15.1 million, but $6.3 million was offset by related transaction and trading expenses, leaving $8.8 million as a net benefit.
MoneyGram categorizes Ripple payouts as "market development fees" and "contra expense" rather than revenue. The firm receives these incentives in XRP based on the volume it does via Ripple's On-Demand Liquidity (ODL) platform.
If you want, send it to my wallet and I'll paypal you the amount.On topic: I sold a couple of .net's and the buyer wanted to pay in BTC, any fun ideas for 0.07BTC before I just turn it into account credit at a registar?
full story - https://cryptonews.com/news/xrp-giveaway-for-exchange-clients-esports-teams-to-get-xrp-7294.htmMore Japanese citizens could end up with Ripple-affiliated XRP tokens – after an exchange announced a token giveaway for new account holders, while one of the nation’s biggest crypto players said it is planning to pay eSports players and their managers in XRP.
FXCoin said it will give away XRP 50 (around USD 12) to all new account holders. In an official release, the crypto exchange stated that the offer was subject to availability, and would be awarded on a “first-come-first-served basis” until the evening of August 31.
taken from NairaMetrics:Quick fact: Ripple (XRP) plays dual roles as a payment platform and a currency. The platform is an open-source platform that is created to allow quick and cheap transactions.
Unlike its crypto rival, Bitcoin, which was never intended to be a simple payment system, Ripple has gained the attention of major global banks such as Standard Chartered and Barclays for international transactions worldwide.
As i said earlier ... watch for a dip coming soon. There's 30 NEW WHALES with $240k - $2-million in XRP in their account, bulking up the price. Watch for sale point coming soon and then buy bak when ti bottoms out. Hopefully it goes up extremely high.
read -Meanwhile, a new report shows that Ripple, the company behind the third-largest cryptocurrency, spent a total of $170,000 in trying to persuade United States crypto regulators in 2019. The lobbying activity was done by six lobbyists. Specifically, the company spent $100,000 in the first quarter of 2019, $20,000 in Q2 and $50,000 in Q3.
This information was revealed by a nonpartisan research group, Center for Responsive Politics, which acquired the data from the Senate Office of Public Records. The report further notes that this amount was spent on persuading the Executive office of President Donald Trump. This amount is, however, 62% lower than the $450,000 the firm spent on similar endeavors in 2018.
taken from -The next resistance zones after this crucial $0.30 area are found between $0.46-0.50. Likewise, the next rally for XRP will likely pause at these levels.
link - https://www.crypto-news-flash.com/f...hnology-and-xrp-could-replace-banking-system/Ripple offers businesses of all sizes the ability to quickly and cost-effectively process transactions across borders in real time using smart remittance technologies. Ripple already cooperates with well-known payment service providers such as MoneyGram or the largest European bank, Santander Bank. A new report states that Ripple’s technologies are ahead of the current technology status of banks worldwide and could serve as a model for a central bank supported digital currency (CBDC).
Ripple payment system could serve as a model for CBDC
An independent panel of financial industry leaders, “Group of Thirty“, is calling on central banks and regulators around the world to step up regulation and research into a CBDC as China’s digital yuan is the most advanced. A new report by the Group of Thirty sees great potential in Ripple for central banks to use a CBDC of their own as a model: