Does anyone know or care to guess how MoneyGram might be configured to work with the XRPL to allow customers to send USD to Mexico?
I understand that ODL allows MG to use XRP like a rail. MoneyGram doesn’t need to hold XRP because the swap happens in a few secs or mins.
But what is happening on the other end?
For example: Let’s say Juan works in Washington DC. He wants to send $1,000 to his sister Maria in Bavispe Mexico. He goes to a MoneyGram location and gives them $1,000USD to MoneyGram. But what happens after this? How does Maria get her Pesos? WHere do they come from? How does MoneyGram retrieve said pesos in order to hand them over to Maria?