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Ripple Jumps On News Of MoneyGram Tie-up

US money transfer giant MoneyGram struck a deal with the blockchain-based payment settlement company Ripple to pilot the latter’s native currency XRP in MoneyGram payment flows. The price of XRP, popularly known as Ripple, surged as much as 15 percent on the news on Thursday, when most major currencies were down due to fears of a severe crackdown by South Korean authorities.
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