The firm is looking at using Ripple’s technology for optimizing capital and settling transactions.
In addition, Ripple was pleased to update the community on the trial launch of xRapid.
Western Union, the world leader in money transfers, has entered the cryptocurrency realm. CEO Hikmet Ersek has said that the business is investigating ways to use the Ripple blockchain and its native token, XRP.
Western Union’s entrance into blockchain and cryptocurrencies was announced by Ersek in a recent conference call with analysts. The firm is looking at using Ripple’s technology for optimizing capital and settling transactions. Interestingly, Western Union is also testing the XRP token.
Strategic Partnership
Ripple, a major participant in the blockchain industry, has officially announced its partnership with Western Union. The blockchain firm confirmed their ongoing cooperation with the global financial services provider in an interview with Bloomberg News. In addition, Ripple was pleased t
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