Ripple invests $50 million in MoneyGram

Ripple buys stake in MoneyGram

Old school fund transfer major Moneygram will see an investment of $50 million by Ripple as part of the 2-year alliance. As you can expect, Moneygram is keen to use XRP in payment flows through Ripple's payment network xRapid in an effort to speed up and cut the cost of transferring money. 
XRP as of today is the most potent digital asset with a transaction cost of fraction of a penny,
With an ability to instantly settle funds 24/7, XRP has the potential to revolutionize and streamline operations. Definitely a space to watch.