Ripple update: Western Union from Australia and its speed transferring to certain nations
Interesting to note that Western Union from Australia can transfer value in ‘minutes’ to nation such as Chile, France, Germany, Colombia and Brazil, South Africa etc. I gather that this is without using XRapid. Fees are pretty high though for a $1000 transfer, ranging as high as $70. OR, is WU using XRapid hence the speed increase?
About Ripple (XRP)
Ripple connects banks, payment providers and digital asset exchanges via RippleNet to provide one frictionless experience to send money globally. Banks and payment providers can use the digital asset XRP to further reduce their costs and access new markets. XRP is the fastest and most scalable digital asset today.
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