Ripple (XRPUSD): Article - XRP Gaining Serious Traction I...

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Wednesday, 02/05/2020 12:15:33 AM

Wednesday, February 05, 2020 12:15:33 AM

Article - XRP Gaining Serious Traction In USD/MXN Corridor

Today, International Money Express, Inc. and Ripple announced a partnership which will enable Intermex to leverage On Demand Liquidity (ODL) which exclusively uses the digital asset XRP.

Valued XRP community member @xrp_stuart provides us with proof that Intermex has got a hold of 27% of the total USD/MXN Remittance flow.

Market Highlights
Year-to-date as of September 30, based on industry data, Intermex has captured 27% of the total growth in the U.S. to Mexico remittance volume, and 37% of the total growth in U.S. to Guatemala remittance volume.

When more and more remittance companies inevitably join ODL alongside MoneyGram and Intermex XRP will start to be used more often that SWIFT in the USD/MXN remittance flow.

https://thexrpdaily.com/2020/02/05/xrp-gaining-serious-traction-in-usd-mxn-corridor/

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