Fatman3001
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April 29, 2015, 11:52:08 AM

In case you missed it: https://twitter.com/RippleLabs/status/593171702516817920

You may now shake your heads. Roll Eyes

Interesting..... I wonder if this would be using the Ripple network or a new network established just for Western Union.
It does say a "pilot to provide infrastructure for" rather than "adding to our network".

If it is Western Union's own network I can see XRP going down in value and not up lol

I don't get this project at all. How is it going to transfer wealth?

If it's just digital IOUs to WU itself then I guess regular fees will apply, unless it's a premium service and fees are higher.