MoneyGram partners with Ripple to use XRP cryptocurrency in money transfers

Popular finance topics of payments and crypto all in one deal!

Shares of MoneyGram, the second-largest money transfer company in the world, spiked as much 12.75% Thursday after the company said it had signed a partnership with Ripple to test using the company’s XRP cryptocurrency to improve transfer settlement times and costs. XRP is climbing as well, spiking as much as 14%.

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