Ripple, Moneygram and Facebook: digital assets emerge as means of exchange
Ripple announces a collaboration with money transfer service MoneyGram this week as Facebook is about to disclose its hotly anticipated cryptocurrency project. What does this mean for treasurers? A new mode of exchange.
Payments network Ripple has entered a “strategic partnership” with MoneyGram under which the former would assist the latter in cross-border payments and foreign exchange settlements through the use of digital assets.
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