Main page News, Ripple

Global payments company Western Union is testing transactions using technology from cryptocurrency platform Ripple, Bloomberg reported.

The company’s CFO Raj Agrawal said it’s evaluating blockchain technology and is testing transactions with Ripple.

“Efforts are in a testing phase and not a key part of the business,” Agrawal said in an interview with Bloomberg News.

The company hasn’t found anything yet that would be a “big unlock,” he said.

The value of XRP tokens has appreciated 3.1% over the past 24 hours and is currently trading at $1.06, according to

Last week, Ripple signed a deal with foreign exchange giant UAE Exchange to help facilitate cross-border transactions, although the deal is with the Ripple company itself and the UAE Exchange won’t use XRP tokens.

Read also:

Хотите узнать больше о гражданстве за инвестиции? Оставьте свой адрес, и мы пришлем вам подробный гайд

Please describe the error
Thank you for registration
Like us on Facebook to help us make even more interesting materials for free.