Ripple has bounced back to $2.06 after the game-changing news that South Korea is preparing a bill to ban cryptocurrency trading that affected the entire crypto family.
Ripple has a significant speed advantage over bitcoin, making it more attractive to mainstream firms like MoneyGram. A typical transaction on the XRP network takes between two to three seconds. A bitcoin transaction can take nearly an hour!
MoneyGram said in a statement: "XRP remains the most efficient digital asset for payments with transaction fees at just fractions of a penny, compared to bitcoin fees of about $30 per transaction.
If moneygram sign a contrat with ripple to reduce the fees and transaction time that means that the concurrent as ( western union, worldRemit, UAE Exchange ...) will do the same .
In my point of view XRP will stagnate during few weeks before to takeoff again
ripple.com/insights/moneygram-use-xrp-faster-international-payments/
Ripple has a significant speed advantage over bitcoin, making it more attractive to mainstream firms like MoneyGram. A typical transaction on the XRP network takes between two to three seconds. A bitcoin transaction can take nearly an hour!
MoneyGram said in a statement: "XRP remains the most efficient digital asset for payments with transaction fees at just fractions of a penny, compared to bitcoin fees of about $30 per transaction.
If moneygram sign a contrat with ripple to reduce the fees and transaction time that means that the concurrent as ( western union, worldRemit, UAE Exchange ...) will do the same .
In my point of view XRP will stagnate during few weeks before to takeoff again
ripple.com/insights/moneygram-use-xrp-faster-international-payments/
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Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.