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Topic: Western Union is testing Ripple for money transfers! - page 2. (Read 734 times)

full member
Activity: 196
Merit: 100
Super news from Western Union! They currently testing Ripple (XRP) for future money transfers.
Western Union Says It's Testing Transactions With Ripple

Ripple (XRP) proving its mettle. With more banks and financial institutions working with it. Should be beneficial for the crypto world in general.
full member
Activity: 294
Merit: 100
Western Union will benefit the Crypto and they will have their own benefit also due to high speed transfer of XPR.
full member
Activity: 238
Merit: 101
Decentralize The $15-Trillion Global Trade Industr
If this is true this huge for both Western Union and Ripple. It is huge for Western Union because if they didn't innovate soon their whole business is gone, and one of the worlds oldest companies would be gone forever. Smart of them to recognize the landscape is changing and they adapted well. If Ripple lands such a huge company as a client there use case goes up phenomenally and they actually have a leg to stand on (albeit a centralized shit leg, but a leg nonetheless Grin).
full member
Activity: 196
Merit: 101
Still believe fiat has it's place in a world of cryptos, just like horses has a place in a world of cars, and letters in a world of email. It's not either/or, both systems can co-exist, and anyone betting their whole life savings in one system (blockchain) is not smart. Even if he ends up making 1000x, it's not a smart decision, just a lucky one.
Yes, crypto currencies have not penetrated so much into our lives so that we could refuse to use fiat money. We all have to still use fiat in everyday life.
member
Activity: 168
Merit: 10
There is always such news for ripple every year
but I do not believe these reports
member
Activity: 294
Merit: 10
Still believe fiat has it's place in a world of cryptos, just like horses has a place in a world of cars, and letters in a world of email. It's not either/or, both systems can co-exist, and anyone betting their whole life savings in one system (blockchain) is not smart. Even if he ends up making 1000x, it's not a smart decision, just a lucky one.
newbie
Activity: 27
Merit: 0
The fact of supporting Ripple by banking systems doesn't make it more centralized ?

Don't think so, but it the best adopted coin by banks atm.

Ripple is a centralized coin in every aspect.

BTW - I think that those deals are great but the question is if it will be used the same ripple structure. or that they will create for the organizations a separate structure which in this case won't make any difference for the currency value
member
Activity: 238
Merit: 11
MST Decentralize Robust AI Trading Platform!
Super news from Western Union! They currently testing Ripple (XRP) for future money transfers.
Western Union Says It's Testing Transactions With Ripple

I do not like Ripple. But this is just great news. All that is related to the spread of technology blockchain in the broad masses is good. It will not make me buy Ripple. But this news will give the right message to society. Namely, those who do not believe in technology or doubt or something else. They will see that technology will gradually occupy all branches and will be simply irreplaceable.
copper member
Activity: 588
Merit: 17
I'm a big believer in XRP, but the price changes are weird. Whenever there is good news the price is unchanged... and then it shoots up suddenly and dramatically after a while.
But this is yet more good news! Long-term, the XRP price is only going one way... up Smiley

Apparently, news doesn't affect it, what makes it rise is when it is actually used by certain establishment and actual adoption in global scale.

Right, when Western Union officially announces XRP payments or transactions in Ripple network the price of Ripple will significantly increase, no doubts.
newbie
Activity: 126
Merit: 0
Super news from Western Union! They currently testing Ripple (XRP) for future money transfers.
Western Union Says It's Testing Transactions With Ripple
Good news that crypto currency is taking more roles in our daily life
sr. member
Activity: 448
Merit: 281
Super news from Western Union! They currently testing Ripple (XRP) for future money transfers.
Western Union Says It's Testing Transactions With Ripple
LOL,the video doesnt announced any western union partnership so stop shilling your coin,the video only contains how greedy this XRP CEO is,he wants to regulate the cryptocurrency markets which is wrong because satoshi created the bitcoin to be a decentralized which today isnt being considered,we shoudlnt be calling XRP as  a cryptocurrency because it is being backuped by the central bank,stay away from this coin!
I am totally in with you bro! And it totally pisses me off when people are regarding Ripple as a cryptocurrency. This is one coin I will never be comfortable holding either in a short term, let along long. Let's see how their idea of centralization ends up working out for them, but as far as I am concerned, it sucks and will always suck. Moreover, there are better coins to hold than ripple and if western union wants to gamble on this, their choice!
member
Activity: 133
Merit: 10
The Wall Street Bitcoin Exchange
So will Western Union lower the cost of transactions now they have a cheaper way to transfer money?
legendary
Activity: 2212
Merit: 1008
Super news from Western Union! They currently testing Ripple (XRP) for future money transfers.
Western Union Says It's Testing Transactions With Ripple

I am very glad that Ripple is widening its cooperation with governments and different financial institutions. Now is turn of Western Union. It will be nice to see the good results of this partnership.
full member
Activity: 602
Merit: 100
I often read articles about the high risks of ripple, a lot of rumors about it, one of them adding xrp to coinbase, it never happened. In January, its price rose to almost 3.8 dollars, then its the rate began to fall. By February 4, XPR cost 0.86 dollars (minus 80 percent to the historical maximum) Let me remind you that 60% of the coins are in the company ... Personally, I would not make big bets on this coin.
member
Activity: 364
Merit: 21
Although XRP is centralized coin, the mainstream financial system is more enthusiastic about the potential of the Ripple blockchain. Several partners are currently testing out Ripple's technology. Besides Western Union,  it's also American Express, Banco Santander and MoneyGram International. Perhaps investors are helping drive the XRP tokens higher. We can expect the coin to grow.
full member
Activity: 448
Merit: 100
It is a very important development for a payment instrument such as a Western union to start testing the Ripple's blockchain system in this way. At the end of these tests we will also see the times when the system is completely running.
to save the existing financial system and cash flows, for this purpose and to introduce a system with a crypto currency. In this way, new banking systems are already in place.
member
Activity: 224
Merit: 11
Super news from Western Union! They currently testing Ripple (XRP) for future money transfers.
Western Union Says It's Testing Transactions With Ripple
This is never gonna happen because it is jusdt FUD from those people who wants XRP to get pumped because probably they were trapped from this shitcoin a long time ago,that is why they need to do someting about this coin,this is just like what happened to the last FUD we have received,coinbase FUD listing have broked a lot of people because they have loose most of their investments.
member
Activity: 167
Merit: 59
Its definitely a step in the right direction, I hope that this will now further influence more transactions through these mediums. I would say all the new alts coming out that have the intention for 'unbanked transactions' will start to replace these payments for sure. NOTE: These will need serious KYC/ AML checks !
member
Activity: 588
Merit: 18
It is a very important development for a payment instrument such as a Western union to start testing the Ripple's blockchain system in this way. At the end of these tests we will also see the times when the system is completely running.
full member
Activity: 392
Merit: 100
That's great news . Can you expect $ 15 for Ripple this year ?  Just I still keep them for long ,although there was good growth but I decided not to sell them as we believe in this coin
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