 It's not new that businesses collaborate with each other. Collaborate for their own benefits and interests. They Collaborate under some agreement and set their working limits. In the same way, MoneyGram a renowned payment system and Ripple collaborate with each other and showed progress in a better way. Money Gram CEO Said about the collaboration that “What I love about ODL is that we’re completely at the forefront of this technology … We’re able to settle billions of dollars in seconds. The magic really comes from pairing MoneyGram transactions with Ripple’s ODL.” More He Added in Swell 2019, “We’re pushing today about 10% of our volume that we normally do to Mexico through the ODL platform. It’s working extremely well. We’ve now opened into four new corridors that we’re beginning to scale. And I think that those will continue to ramp in the coming weeks and months… Literally having that On-Demand Liquidity, knowing how many pesos have moved at what time of day and what the peso rate was and actually buying your pesos at that same time, landing in Mexico for the purposes of settling is really pretty phenomenal. It’s pretty amazing.” Posted using [Partiko Android](https://partiko.app/referral/howtovids)
| post_id | 81,607,097 |
|---|---|
| author | howtovids |
| permlink | moneygram-ripple-coin-collaboration-for-crypto-transactions-wo9i66ud |
| category | crypto |
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| root_title | "MoneyGram & Ripple coin Collaboration For Crypto Transactions" |
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