This chart shows the jump in Ripple’s value after the Moneygram deal was announced (Credit: Coindesk)

Ripple has been on a bit of downer recently.

But it appears the cryptocurrency’s dog days are over (for now) after its price exploded following the announcement of a potentially historic deal with the cash transfer giant Moneygram.

Moneygram will test the use of Ripple’s cryptocurrency, XRP to see if it could be used to move funds in a faster and cheaper way than traditional methods.

If this test is successful, it could smooth Ripple’s path towards mainstream acceptance.

Ripple, or XRP, was created by the founder of bitcoin exchange Mt. Gox and has risen 31,000 percent over the past-hellip; Read the full story

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