In an earnings call on Friday, the CEO announced their plans to expand the use of Ripple’s on-demand liquidity to new corridors before the end of the year.
According to MoneyGram’s Q3 2019 earnings call report, its innovative partnership with Ripple “is progressing.”,
“Our partnership with Ripple will be a competitive differentiator in the months and years ahead”.
And according to The Daily HODL, MoneyGram will increase its use of Ripple’s on-Demand Liquidity (ODL) solution to power daily funding needs in Mexico, and will expand into new corridors by leveraging RippleNet and ODL.
This article is not intended to be financial advice. As always, do your due diligence before investing, and never invest more than you can afford to lose.