If you guys remember, Ripple acquired a $30 million stakes in MoneyGram last July so it's interesting how everything turns out.
Moneygram was the first money transfer company to
"utilize blockchain capabilities at scale through our Ripple strategic partnership."Net loss was $7.7 million compared to $20.9 million for the third quarter of 2018.
http://ir.moneygram.com/node/20546/pdfSo it's interesting to note that there was a net loss of $7.7 million when they formed a joint venture with Ripple. But I think it's early to conclude, this is just quarter report and data is still fairly early to say that it has a negative effect on MoneyGram itself.