Monday, May 10, 2021

MoneyGram CEO Interview on CNN, Speaking about Partnership with Ripple

  • MoneyGram CEO Alex Holmes says MoneyGram holds no XRP
  • Ripple is the best option as a partner in this difficult time

Some hours ago, Herald Sheets informed the XRP community members about a scheduled interview on CNN First Move anchored by Julia Chatterley with the MoneyGram CEO Alex Holmes, where he promised to speak about the company’s digital transformation over the year, partnership with Ripple, and other related matters.

The interview eventually took place on 17th December 2019 at 9:00 AM ET / 8:00 AM CT as earlier scheduled. Obviously, the crypto community, especially the Ripple and XRP community members are anticipating the outcome of the interview, due to the weight of the partnership between the two payment giants.

Between Julia Chatterley and the MoneyGram CEO Alex Holmes

The video clip of the interview with MoneyGram CEO, Alex Holmes, was shared a few minutes ago by Julia Chatterley, the anchor of the First Move on CNN via her Twitter handle.

The clip was in two parts. The first part was bordered on the digital transformation of the payment giant over the year. He also discussed the global growth of the company and its partnership with Visa Direct.

Chatterley  shared thus, “Part I of the interview with MoneyGram CEO Alex Holmes, talking digitization, global growth and the partnership with Visa Direct on First Move.”

In the second part of the clip, the MoneyGram CEO, Alex Holmes, talked about the Money Transfer giant’s strategic partnership with Ripple, which many XRP enthusiasts have been waiting for.

As shared by Chatterley, part 2 of the clip also contained the discussion about MoneyGram’s corridor expansion, volume growth, and other important issues.

“More of the conversation with MoneyGram CEO Alex Holmes talking about the Ripple partnership, corridor expansion, volume growth & maybe one day replacing the SWIFT payment system — “those are large aspirations,” Julia Chatterley shared.

Summary of the Interview

In the course of the interview with Julia Chatterley, the CEO of the Money Transfer giant stressed the reason why Ripple, the US-based blockchain tech is the best choice to save the company in this difficult time. He then stressed that the company, MoneyGram and himself hold no XRP, the Ripple’s digital token.

He further explained that Ripple simplifies the process of money transfer across the globe with its On-Demand Liquidity (ODL) solution, making transactions cheaper and affordable.

Holmes also acknowledged Ripple’s ability to command money across borders in a magical manner, with instant funds transfer without trapped liquidity.

He said, “They also have the vision that encapsulates what we are trying to do as well. I think and Ripple and its crypto XRP are innovative in that sense.”

MoneyGram Holds no XRP

As the interview headed to conclusion, Julia Chatterley asked whether the MoneyGram CEO holds any XRP, he said he does not hold XRP.

He added that the same applies to MoneyGram. Holmes clarified that the company sells any XRP received as soon as possible.

“We do not hold any crypto assets for any period of time on our books… any XRP that we receive we tend to sell about as real-time as possible,” the CEO concluded.

Solomon Odunayo
Solomon has a growing passion for writing, this propelled him to keenly work on Eagles News Media for about two years before delving into the cryptocurrency and Blockchain industry he finds more interesting. He worked as a crypto Journalist and Editor at NewsLogical before joining Herald Sheets, owing to the priceless experience he has accumulated since he became a contributor in the crypto community.

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  1. Def a good interview. Keep at it, we love to hear what’s coming next and to me it sounded like w Ripple and MGI both overlapping the same clients that they will be folded into ODL services especially Ripples customers who are there for one thing only, cross boarder liquidity!!!


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