MoneyGram stock is the biggest percentage gainer on the Nasdaq after MoneyGram International Inc (NASDAQ:MGI) signed a deal with Ripple (XRP).
Big Boost for MoneyGramIn a development that would come as a major boost to Ripple and the cryptocurrency XRP, the company announced on Monday that it had reached a deal with money transfer giant MoneyGram. According to the terms of the deal, Ripple will invest $50 million in MoneyGram International, while the money transfer company will use the cryptocurrency XRP for transferring money worldwide. It is a major development for Ripple since it is ...
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