Altcoins News
By Dan Saada
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Corey Johnson was the chief market strategist of Ripple the firm behind cryptocurrency XRP.
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One of the spokesperson for the company stated, "Cory's last year at Ripple was a success in representing the company to investors, press, and regulators.
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Johnson was associated with Bloomberg for nearly eight years. He was defending Ripple's view and its relationship with XRP.
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Most of the job that Corey Johnson had to do was to clear the confusion regarding the relationship between Ripple and XRP.
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Meanwhile, Ripple's xRapid for remittances managed to raise $1.7M. The current remittance market has been facing problems with fees.
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SendFriend is the remittance services that are much cheaper than the industrial average. It is 65% less expensive than the industry average.
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However, it should be noted that SendFriend is not a cryptocurrency company. They may be using XRP and Stack, the xRapid technology.
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Lighton stated that the SendFriend users do not interact with the cryptocurrencies when they are using its services.
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Lighton further added that with Transferwise they could provide with a low-cost service due to its ability to convert the international transaction into a local transaction.
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