Friday, August 19, 2022
Crypto News
Advertisement
  • Home
  • Cryptocurrency
  • Bitcoin
  • Altcoin
  • Cardano
  • Ethereum
  • Blockchain
  • Ripple
  • Videos
No Result
View All Result
  • Home
  • Cryptocurrency
  • Bitcoin
  • Altcoin
  • Cardano
  • Ethereum
  • Blockchain
  • Ripple
  • Videos
No Result
View All Result
Crypto News
No Result
View All Result
Home Ripple

After Ripple snub, Moneygram teams up with Stellar for cross border pilot program

by Crypto News
November 22, 2021
in Ripple
0
After Ripple snub, Moneygram teams up with Stellar for cross border pilot program
189
SHARES
1.5k
VIEWS
Share on FacebookShare on Twitter


Bybit

Earlier this month, a partnership deal emerged, through which Stellar holders would be capable of entry Moneygram areas to trade USDC for money, and vice versa, in particular person. Moneygram has over 350,000 areas in 200 international locations.

Stellar’s Chief Government Officer Denelle Dixon stated this was large for Stellar because it successfully bridges the blockchain and bodily worlds.

“That is large for the Stellar community, and the wallets which might be a part of the Stellar community.”

Since then, Stellar has introduced the launch of a U.S pilot program to trial this performance.

Whereas a lot is alleged about real-world cryptocurrency adoption, this partnership, if rolled out additional, alerts a large step ahead in that respect.

Moneygram trials pilot scheme on Stellar

Each Moneygram and Stellar have been engaged on integrations to allow money funding and native foreign money payout with Stellar USDC.

A U.S pilot program is now stay for cash-in and cash-out transfers at collaborating Moneygram areas to trial the setup. They add that Stellar customers may ship cash internationally and trade USDC for any money foreign money supported by Moneygram as effectively.

“MoneyGram and SDF have hit the primary main milestone within the partnership by launching a stay cash-in and cash-out pilot within the U.S. Pilot individuals can now deposit money into their digital wallets at collaborating MoneyGram areas and ship funds internationally by way of Stellar USDC.”

Moneygram is considerably of a trendsetter in that the agency is without doubt one of the first monetary providers corporations to acknowledge and accommodate blockchain know-how.

First, with Ripple, in 2019, when Moneygram used the xRapid platform for settling cross-border funds. This later wound down because of the SEC lawsuit, through which the united statesregulator alleges Ripple had bought unregistered securities in its XRP token.

How did Moneygram combine?

As an open-source community, anybody can integrate with Stellar to construct on the blockchain. A variety of documentation and sources can be found to do that. Stellar refers events to:

  • Mature and well-documented SDKs in a number of programming languages.
  • A well-designed set of Stellar Ecosystem Protocols (SEPs).
  • A plethora of SDF-created APIs, instruments, and documentation.

The agency actively encourages builders to have a look and assess some great benefits of integrating the Stellar blockchain.

So far as extending the united statespilot program, Stellar says a full launch is going on subsequent yr, with 11 new markets added to the scheme.

“11 markets could have cash-in functionality upon the service’s full launch in 2022 earlier than rolling out to extra areas – keep tuned for extra updates!”

Get an edge on the cryptoasset market

Entry extra crypto insights and context in each article as a paid member of CryptoSlate Edge.

On-chain evaluation

Value snapshots

Extra context

Join now for $19/month Explore all benefits

Related articles

Should Ripple [XRP] be left to rot- Well, Vitalik Buterin thinks…

Should Ripple [XRP] be left to rot- Well, Vitalik Buterin thinks…

August 19, 2022
Ripple Unveils Crypto On-Demand Liquidity Service in Brazil – CoinDesk

Ripple Unveils Crypto On-Demand Liquidity Service in Brazil – CoinDesk

August 19, 2022
Bybit

Like what you see? Subscribe for updates.



Source link

Share76Tweet47

Related Posts

Should Ripple [XRP] be left to rot- Well, Vitalik Buterin thinks…

Should Ripple [XRP] be left to rot- Well, Vitalik Buterin thinks…

by Crypto News
August 19, 2022
0

The Ripple-SEC long-standing battle might have neared no finish however its impact on its native cryptocurrency might now be...

Ripple Unveils Crypto On-Demand Liquidity Service in Brazil – CoinDesk

Ripple Unveils Crypto On-Demand Liquidity Service in Brazil – CoinDesk

by Crypto News
August 19, 2022
0

Ripple Unveils Crypto On-Demand Liquidity Service in Brazil  CoinDeskRipple Launches Crypto-enabled Enterprise Payments in Brazil With Travelex Bank  Enterprise WireRipple, Brazil’s...

Ripple launches crypto-enabled payments in Brazil

Ripple launches crypto-enabled payments in Brazil

by Crypto News
August 18, 2022
0

Ripple’s partnership with Travelex Financial institution will see prospects of the domestically regulated financial institution profit from XRP-powered cross...

What Is Ripple? What Is XRP? – Forbes Advisor INDIA

What Is Ripple? What Is XRP? – Forbes Advisor INDIA

by Crypto News
August 18, 2022
0

Ripple is a cash switch community designed to serve the wants of the monetary providers trade. XRP is the...

Ripple to Offer ODL to Travelex Bank in Brazil

Ripple to Offer ODL to Travelex Bank in Brazil

by Crypto News
August 18, 2022
0

Ripple, the blockchain and cryptocurrency options supplier has introduced the introduction of its RippleNet On-Demand Liquidity (ODL) in Brazil. On this case, the...

Load More
  • Trending
  • Comments
  • Latest
6 Altcoins to Buy As Crypto Bull Market Gets Crazier: Banking Veteran

6 Altcoins to Buy As Crypto Bull Market Gets Crazier: Banking Veteran

November 7, 2021
Tesla To Accept Shiba Inu Coin and will hit $0.1 in 2021!!

Tesla To Accept Shiba Inu Coin and will hit $0.1 in 2021!!

November 1, 2021
Bitcoin Mining Noise Drives Neighbors Nuts—a Giant Dentist Drill That Won’t Stop

Bitcoin Mining Noise Drives Neighbors Nuts—a Giant Dentist Drill That Won’t Stop

November 12, 2021
First bitcoin. Then GameStop. Now tiny tungsten cubes

First bitcoin. Then GameStop. Now tiny tungsten cubes

October 29, 2021
5 Hotels Accepting Cryptocurrency as a Payment Method

5 Hotels Accepting Cryptocurrency as a Payment Method

0
Top cryptocurrency prices today: Bitcoin, Dogecoin, Ethereum gain up to 5%

Top cryptocurrency prices today: Bitcoin, Dogecoin, Ethereum gain up to 5%

0
Four Emerging Altcoins Soar 101% or More Within Seven Days As Crypto Markets Ignite

Four Emerging Altcoins Soar 101% or More Within Seven Days As Crypto Markets Ignite

0
ADA Price Prediction: Cardano Sits and Waits

ADA Price Prediction: Cardano Sits and Waits

0
Top Ethereum Rival Could Explode by 100%, Beating Other Large-Cap Altcoins, According to Coin Bureau – Here’s Why

Top Ethereum Rival Could Explode by 100%, Beating Other Large-Cap Altcoins, According to Coin Bureau – Here’s Why

August 19, 2022
EMURGO and Adaverse restate their commitment to funding blockchain-oriented startups at the Blockchain Founders Hangout 2.0

EMURGO and Adaverse restate their commitment to funding blockchain-oriented startups at the Blockchain Founders Hangout 2.0

August 19, 2022
Smart Money Invests In Uniglo (GLO), Ethereum (ETH), And Cronos (CRO), Says Top Analyst

Smart Money Invests In Uniglo (GLO), Ethereum (ETH), And Cronos (CRO), Says Top Analyst

August 19, 2022
World’s First Auto-Rebasing Layer 1 Blockchain Is Set for 2023 Release

World’s First Auto-Rebasing Layer 1 Blockchain Is Set for 2023 Release

August 19, 2022

Recent News

Top Ethereum Rival Could Explode by 100%, Beating Other Large-Cap Altcoins, According to Coin Bureau – Here’s Why

Top Ethereum Rival Could Explode by 100%, Beating Other Large-Cap Altcoins, According to Coin Bureau – Here’s Why

August 19, 2022
EMURGO and Adaverse restate their commitment to funding blockchain-oriented startups at the Blockchain Founders Hangout 2.0

EMURGO and Adaverse restate their commitment to funding blockchain-oriented startups at the Blockchain Founders Hangout 2.0

August 19, 2022

Categories

  • Altcoin
  • Bitcoin
  • Blockchain
  • Cardano
  • Cryptocurrency
  • Ethereum
  • Ripple
  • Videos

Bitcoin Currency Converter

Cryptocurrency Prices by Coinlib
  • Privacy & Policy
  • About Us
  • Contact Us

© 2021 Copyright Crypto News

No Result
View All Result
  • Home
  • Cryptocurrency
  • Bitcoin
  • Altcoin
  • Cardano
  • Ethereum
  • Blockchain
  • Ripple
  • Videos

© 2021 Copyright Crypto News