Ripple (XRP) tested by Western Union for fiat transfer!

in #cryptocurrency7 years ago

https://www.btcnn.com/ripple-gets-tested-western-union-facilitate-money-transfers/

Not sure if fiat currency transfers are what we're aiming for but the adoption potential is there. One wonders if they'll stay with Ripple or switch to using a different crypto option, i.e. XRB? Also potential pump occurring but all news of adoption is good news.

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XRP was created as a product for such companies.
It will be adopted soon by some of them and then the rest will follow, as a snowball effect.
W.U. clients will not notice any difference, xrp will be utilized internally for sending money between different countries.
Using xrp, the payment is settled in 3-4 seconds. There is no alternative to that ;-)

I agree- though XLM, XRB, LTC threaten XRP as viable alternatives.

I don't know how to react to that but hopefully things will go well and they succeed.

Haha me too! Though I'm not a huge fan of XRP, hope XLM comes to dethrone them

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