After a New York Times article that critized Ripple technology, official account of Ripple tweeted
3 of the top 5 global money transfer companies plan to use XRP in payment flows in 2018. Even more in the pipeline. https://t.co/5JOlxe20Ur
— Ripple (@Ripple) 5 gennaio 2018
Prominent tech figure Michael Arrington, founder of Techcrunch that manage a capital fund focused on XRP started to debate with NYT reporter and tweeted
You are way out over your skis here. Did you talk to Moneygram? Western union? Mckinsey? Anyone relevant in Asia?
— Michael Arrington (@arrington) 5 gennaio 2018
After the tweet we tried to reach the companies for a comment but they didn’t comment, but a source told us that Western Union could adopt XRP technology this year.
Western Union and Ripple already worked together, Western Union joined a pilot program with distributed payment protocol provider Ripple Labs two years ago.
“We’re excited to announce … we’re working w/@WesternUnion on a pilot to provide infrastructure for real-time settlement.”—@chrislarsensf
— Ripple Labs (@RippleLabs) 28 aprile 2015
Western Union sees XRP technology as a possible competitor in the future and knows that other giants could adopt XRP sooner.
About Western Union: The Western Union Company provides money movement and payment services worldwide. The company operates in three segments: Consumer-to-Consumer, Consumer-to-Business, and Business Solutions. … The Western Union Company was incorporated in 2006 and is headquartered in Englewood, Colorado.