Ripple SEA Exec on PayID, Remittances, and Central Bank Digital Currencies
We talked to Ripple Southeast Asia head about PayID and his thoughts on remittances, interoperability, and central bank digital currencies.
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Ripple
Ripple, Coins.ph Launch PayID – Universal ID for Payment
Ripple, together with Coins.ph, BitPay, Blockchain.com, and other well-known players in the crypto industry and beyond formed the Open Payments Coalition to create an alternative payment system – PayID – to make sending money as simple as sending email.
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Ripple Co-Founder Sold 1.8 Million XRP a Day in April 2020
News site The Crypto Associate commented that McCaleb’s constant sell pressure is creating a daily price suppression for XRP.
Read more Report: Quiet Q1 2020 for Ripple-MoneyGram Partnership
The MoneyGram CEO stated that what they have with Ripple is a “good partnership” and he expects they will generate profits on “new services and new corridors”.
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Ripple Sues YouTube for Allowing XRP Giveaway Scams
The lawsuit concerns scams on YouTube that entice investors to send XRP to specific wallets in exchange for a bigger amount of XRP in return.
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MoneyGram Sells XRP as Soon as They Receive It
In using the ODL platform, MoneyGram said it expects this partnership will allow them to reduce their working capital needs, generate earnings, and provide cash flow.
Read more RippleNet Announces New Partners for South Korea, Philippine Markets
According to a blog post, half of Ripple’s customers that are on RippleNet are based in the Asia-Pacific region.
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Visa, Not Ripple, is Powering New MoneyGram Real-Time Remittance Tech
FastSend allows MoneyGram customers to send money to a phone number in real-time via a website or a mobile app. The service is using Visa’s “Direct Original Credit Transaction” so that the funds are delivered to a bank account through a debit card deposit.
Read more RippleNet Announces More Than 300 Customers
Ripple announces that its RippleNet system has achieved 300 customers while achieving a 10x year-over-year growth in transactions.
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Xendpay Joins RippleNet to Ease Cross-Border Money Transfer
The partnership allows Xendpay to open new remittance corridors to countries like the Philippines, Bangladesh, Malaysia, and Vietnam.
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