Blockchain firm Ripple will be partnering with U.S. money transfer service, MoneyGram, to test out payment flows of XRP, Ripple’s native cryptocurrency, the companies announced today.
Through the partnership, MoneyGram will pilot XRP payments through “xRapid,” a new Ripple solution for “on-demand liquidity,” the company said in a press release.
The goal of the pilot is to “move money as quickly as information,” Brad Garlinghouse, CEO of Ripple, said in a statement.