Bitcoin Forum

Moneygram, the America based fund organization has declared that Ripple, a top name on blockchain stage has total the guaranteed 50 million USD venture guaranteed recently by making the last installment of 20 million USD on November 25, 2019

Ripple purchased the offers in the organization at $4.10 per share, which means a significant rectification in the Moneygram’s reasonable worth.

Win-Win circumstance for both the gatherings

Ripple’s and Moneygram’s association can be gone back to 2018, around then Moneygram chose to give a rush to a test case program by testing cryptographic money XRP as far as decreasing its cash moving expense.

Source: TheCoinRepublic (https://www.thecoinrepublic.com/final-payment-of-20-million-usd-for-an-advance-move-in-on-demand-liquidity-by-ripple/)

Heard about Ripple closing this big deal, but still do not understand why so much people are investing in this coin. It is a centralised, regulated asset based on blockchain technology, that would not help to lead us to decentralised future.

Ripple hasn't been a thing for me, and I haven't invested in it for once. I am not trying to say that it is not a good coin, but before I invest in any coin I do a lot of research about it and decide whether I should or not. That's why my investment is always limited to a few of the top coins in the market. I was almost tempted to invest in it when it overtook Ethereum to the second position in the cryptocurrency market. But I later lost interest and around that time it started dropping and ETH took over again.

We all know that Ripple is not XRP, they are two different things. Ripple is just like SWIFT and offers services to banks to be able to move money quickly. A news story I read once made me believe that the plan of Ripple using crypto might not work out. SWIFT might even decide to add Blockchain to their product and they will beat Ripple since they already have 11,000 banks that are making use of their services, compared to the 150+ of Ripple's.