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TransferGo Wanting to Adopt Ripple-Based ODL Solution

UK-based TransferGo is going to be leveraging On-Demand Liquidity (ODL) in the coming weeks/months. ODL is a solution built on RippleNet that allows financial institutions the ability to issue cost-effective, reliable, and around the clock near-instant transactions through XRP. The use of ODL comes following the adoption of RippleNet as to allow for foreign workers to send part of their paycheck to their families “in just a few minutes.” According to The Block, one British-based remittance payments company is looking to adopt an XRP built product from Ripple. Per the report - which you can read here - the UK-based...

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TransferGo Teams Up with Ripple To Utilise RippleNet Facilities

TransferGo has just this week kick-started a new arrangement with the San-Francisco-based company, Ripple. This agreement has been done in order to utilise the company’s technology for cross-border transfers both to and from Southeast Asia The online remittance platform, TransferGo has just this week kick-started a new arrangement with the San-Francisco-based company, Ripple. This agreement has been done in order to utilise the company’s technology for cross-border transfers both to and from Southeast Asia, Latin America and Africa. TransferGo, go, go Ripple announced the new deal in a blog post on Monday, stating that the London-based TransferGo will be using...

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How Ripple Is Taking Over The US

XRP was only second to Bitcoin in terms of US search last year Ripple is still a long way behind Bitcoin According to a Google Trends last year, the number of United States users that searched for the term ‘how to buy Ripple’ was a lot more than the number of people that were asking ‘how to buy Bitcoin’. The main thing that this shows us is that Ripple is gaining a lot more traction than we previously thought when it comes to mainstream adoption. Even so, Google users interested in cryptocurrency from outside the US searched more frequently for...

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Santander Exec Mentions Ripple in that the Bank Focused on Innovation

Ana Botin, the Santander SA Chairman recently sat down in an interview with Bloomberg. Botin took time to name drop Ripple. “We’re 100% in favour of innovation”. When will institutions adopt blockchain? What will its impact be? These are some of the questions that are asked on a daily basis in the crypto space. But some have already have adopted the technology, making use of products from Ripple, the Ethereum blockchain, as well as other decentralised ledger solutions aimed to help their bottom line. One of these institutions is the Santander bank based in Spain that is the 16th largest...

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$400 Million Worth of XRP Can Be Linked Back to Ponzi Schemes

$400 million worth of Ripple’s flagship token can be traced back to a variety of Ponzi schemes and darknet activities. While that may sound like a lot, it is in fact only 0.2 percent of XRP transactions. There’s a lot of XRP out there and there’s a big chunk of it that related to Ponzi schemes over the years. Specifically, around $400 million worth of Ripple’s flagship token can be traced back to a variety of Ponzi schemes and darknet activities. This all comes from Elliptic who said the claims in a report released this week on Wednesday.  While that...

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