Market development fees are fees paid by Ripple Labs Inc. (“Ripple”) to the Company for developing and bringing liquidity to foreign exchange markets, facilitated by Ripple’s On Demand Liquidity (“ODL”) platform, and providing a reliable level of foreign exchange trading activity. The liquidity services provided by the Company are not considered distinct under ASC Topic 606, “Revenue from Contracts with Customers,”
Revenue from Contracts with Customers
(Topic 606)
https://asc.fasb.org/imageRoot/32/79982032.pdf
Moneygram Getting Paid in XRP to Build Liquidity
SamIAM https://www.youtube.com/watch?v=2PZE0wsHbLw
Follow me on Twitter @ https://twitter.com/jungleincxrp
MoneyGram Q4 earnings call on Ayden Trading:
https://www.youtube.com/watch?v=7ts_7_Esn0E&t=3685s
Join me on Facebook: Jungle Inc XRP
https://www.facebook.com/JUNGLEINCXRP
Thank you for Subscribing!!
#ripple
#xrp
#Jungleinc
Related Post:
- XRP News live interview MoneyGram EbixCash looking for 50 M revenue and remittance of $3 Billion
- CRIP RAPPER GOING THROUGH HELL IN JAIL, GANGS WONT LET HIM HIT GENERAL POPULATION
- Pomp misses the strength of XRP which delivers real value = revenue & profit for users
- XRP TEARDOWN By the SEC: The REAL Reason It's All Happening | How GLOBAL Adoption of XRP WILL OCCUR
- Reason Why XRP Is Not Used By Banks. And The Reason Why They Will Soon! Xrp Price 2018
- Ripple XRP $589 Price Prediction WONT Happen? But Pay Attention To XRP And BTC
- Ripple XRP: MoneyGram Using Visa not XRP for Payments ??
- Ripple XRP: Stable Coin that wont Moon Shot???
- Ripple XRP Xrapid wont be under a dollar long. NYSE investing behind the scenes. CKJ Crypto News
- Ripple XRP: Is David Schwartz Telling Us the Price Wont Rise for Some Time ???
