On June 10th, the New York Stock Exchange announced a cooperation agreement between Visa and Western Union, the two giants in the payment processing industry. According to the statement, Western Union will implement Visa's real-time push payment platform Visa-direct. This integration will bring speed and accuracy to cross-border payment processing. Given that Visa and Western Union's collaboration goals are consistent with Ripple's goal, a better cross-border payment processing experience. And the two giants already have huge networks, and Ripple's hope is only in blockchain technology and its ability to process transactions faster and cheaper. This kind of cooperation is indeed a threat to Ripple.