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-0.00130393551446174 0.00106685633001427 -0.000118539592223737 0.00165955429113337 0.00699383594120449 0.00936462778568049 0.0170578473210053 0.0176623992413467
Stock impact report

XRP News: Could Ripple's New Deal With a $190 Billion Payments Giant Help XRP Price Recovery? [Yahoo! Finance]

Western Union Company (The) (WU) 
Last western union company (the) earnings: 2/11 04:05 pm Check Earnings Report
Company Research Source: Yahoo! Finance
The deal uses the “stablecoin sandwich” model where payments start and end in fiat with RLUSD handling settlement in between. A recent study identified one single habit that doubled Americans' retirement savings and moved retirement from dream, to reality. Read more here Western Union tested Ripple's technology back in 2018, running just 10 transactions between dollars and pesos, and walked away after its CEO called it "too expensive." Eight years later, the company that was born from Western Union's own business payments division, Convera, just partnered with Ripple to settle cross-border payments using stablecoins on the XRP Ledger. Convera processes roughly $190 billion in annual transaction volume across 200 countries and 140 currencies, making this one of the largest payment networks to ever integrate with Ripple's infrastructure. But if you hold XRP (CRYPTO: XRP), you have probably seen Ripple land deal after deal without any of them impacting XRP. This partnership raises Show less Read more
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