MoneyGram CEO: The partnership with Ripple is a "ply joint"

MoneyGram CEO Alexander Holmes said in an interview with Cheddar recently that the recent strategic partnership with Ripple is a "combination." Holmes pointed out that this cooperation will accelerate the efficiency of MoneyGram cross-border transfer on the one hand, and on the other hand, a good opportunity to inject "meaningful value" into the Ripple network in real time. According to reports, MoneyGram will use Ripple's payment service xRapid in this collaboration, and xRapid is characterized by the obligation to use virtual currency XRP. Holmes recently announced that it will focus on bringing the payment system using xRapid to the right track.