TransferGo is going XRP? Omni shuts down

Remittance provider transferGO is thinking about going XRP for its Indian corridor as a way to provide fast and cheap transfers to its customers. However, that may be hampered by the fact that Indian banks are not allowed to deal with cryptocurrencies at all by their reserve bank.
Ripple-backed Omni is shutting down due to a lack of demand and interest. Ripple had invested $25 million into Omni in 2018.


Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: