Ripple pays MoneyGram $41 million in ‘Market Development Fees’

Ripple paid MoneyGram a ‘market development fee’ of $9.3 million for the 3 months ended September 2020, and $41 million year-to-date. According to Money Gram’s Third Quarter report, it made $8.9 million from the $9.3 million paid out in Q3 2020 partially offset by related transaction and trading expenses of $0.4 million. MoneyGram defines market development […]

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