MoneyGram Received $9.3M From Ripple In Q3 For Providing Liquidity To The ODL Network
Blockchain-based payments firm Ripple paid MoneyGram over $9 million during the third quarter of 2020 for using the firm’s XRP-based international payments network.
In MoneyGram’s Q3 report released on Thursday, the company said it received $9.3 million from Ripple in what it termed as “market development fees”. After deducting $0.4 million in expenses and transactions, MoneyGram made an $8.9 million net benefit.
See more for yourself here (https://zycrypto.com/moneygram-received-9-3m-from-ripple-in-q3-for-providing-liquidity-to-the-odl-network/).