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Breaking: Western Union in talks with Ripple to adopt XRP this year

After a New York Times article that critized Ripple technology, official account of Ripple tweeted

Prominent tech figure Michael Arrington, founder of Techcrunch that manage a capital fund focused on XRP started to debate with NYT reporter and tweeted

 

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.

 

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.

64 Comments

64 Comments

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  36. Erik

    January 6, 2018 at 2:04 am

    Hopefully, this can reduce the enormous amount of fees it takes to send money across the planet. In good hope, we ride the crypto sphere to a new dimension of monetary exchange. Stay safe and educated.

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  63. mahesh chaube

    May 26, 2018 at 8:47 am

    bank should adopt this as fast as possible. xrp is centralized so everything is in control. by the way nice post

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