Back in 2021, the grand old money-mover MoneyGram, with its eyes on the prize, bid adieu to Ripple Labs, citing a storm of trouble with the SEC’s lawsuit against the crypto kingpins. 🐎⚖️ The lawsuit, filed in December 2020, claimed Ripple had been peddling XRP like a street vendor hawking apples-unregistered and uninvited.
At the time, MoneyGram had been Ripple’s shiny new toy, using RippleNet and XRP to shuttle cash across borders like a circus act. But when the SEC came knocking, it was time to pack up the tent. 🎪
MoneyGram CEO Alexander Holmes on choosing Stellar: “Ripple’s product was very different.” The SEC lawsuit against Ripple was the main reason for ending the partnership, Stellar and Ripple can still complement each other in unique ways.
– 𝗕𝗮𝗻𝗸XRP (@BankXRP) September 12, 2025
“We had a great experience with Ripple,” said MoneyGram’s Holmes, “but the SEC’s legal tempest made it impossible to keep sailing. We both agreed to part ways-like a couple at a barn dance, politely, but with a hint of regret.” 🕵️♂️
Why Stellar Was the Next Choice
MoneyGram then turned to Stellar, a blockchain co-founded by Jed McCaleb, who also helped build Ripple. According to Holmes, Stellar’s offering was like a hayride compared to Ripple’s rollercoaster-front-end, consumer-friendly, and packed with stablecoin fun. 🚜
“Ripple product was very different,” Holmes said, “like a mule in a race-relentless, but not exactly a sprinter. Stellar? They offered a front-end model, bridging fiat and stablecoins like a bridge over troubled waters.” 🌉
This shift let MoneyGram pilot on/off-ramp services for USDC, making it easier for folks to juggle digital and real cash across borders. 🏦
“Stellar and Ripple can complement each other in unique ways,” Holmes added, “like two sides of a coin-though one’s a penny, and the other’s a gold piece.” 💰
XRP Growth Drivers Post-Lawsuit
After years of legal back-and-forth, the Ripple vs. SEC saga ended in August 2025. The resolution? A sigh of relief for the crypto world, and a boost to market morale. 🎉
With the legal fog lifted, Ripple is now focused on real-world adoption. Current growth? Powered by:
- Expansion of new payment corridors 🌍
- Rising stablecoin adoption 📈
- More tokenized assets on the XRP Ledger (XRPL) 🧾
The end of the lawsuit also removed a major selling pressure, letting XRP trade like a horse with a bit of freedom. 🐴
Price Performance
XRP has been on a roll since the ruling. The token broke out from its old range near $2.80 and climbed above $3.20. Meanwhile, Ripple keeps building momentum, recently adding a retail service in Spain with BBVA. 🇪🇸
Read More
- Why Switzerland’s Bank Said “No Thanks” to Bitcoin (And Probably Enjoys Paper Money More)
- Gold Rate Forecast
- BTC PREDICTION. BTC cryptocurrency
- Brent Oil Forecast
- Crypto Circus: Ripple, Dogecoin & SHIB Gone Wild – What in the World?
- Silver Rate Forecast
- BONK.fun Joins Forces with Kick for Live Streaming Magic (Crypto Meets Chaos)
- Ethereum’s Rise: Will It Leave Bitcoin in the Dust? 🚀💰
- USD INR PREDICTION
- EUR UAH PREDICTION
2025-09-14 14:39