Ripple (XRP)

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Ripple Labs created the Ripple network and the XRP token in 2012 with the purpose of making cheaper, faster cross-border payments. Ripple was thought of by Jed McCaleb (founder of the Stellar Foundation), Arthur Britto and David Schwartz, and developed from an earlier idea called OpenCoin. 

Ripple’s specific purpose as a settlement system has seen it form multiple partnerships with banks, forming a network that has since been termed as “RippleNet”. Ripple’s extensive collaboration with banks - including cross-border pilot programs - has won favor with financial institutions in several continents, and executives from the company have been known to discuss the implementation of decentralized financial systems with high-level financial industry insiders, like the IMF’s Christine Lagarde. 

Ripple also has close ties to SBI Financial Holdings, a Japanese financial giant that is keen on leveraging the token to improve financial services in Asia. President Yoshitaka Kitao has joined the Ripple Board of Directors. This, along with the extensive efforts to help banks test cross-border payments using Ripple’s technology, has emboldened investors, who believe that Ripple will act as something of a bridge between traditional banking systems and new technologically-empowered systems. 

Ripple’s quicker settlement times compared to Bitcoin (transactions take a few seconds to get validated) and its lack of energy-intensive mining has led some people to say that it is a better means of exchange than Bitcoin itself. Having said this, Ripple is still primarily focused on becoming a new form of SWIFT, one that can assist existing banks and its customers speed up international payments.

In this tag, read Ripple (XRP) news, price predictions, opinions and analyses created by users.


The Hidden Dangers of Bitcoin: What If Your Money Funds Enemies of the USA?

4 Sep 2024 2 minute read 0 comments CryptoGemGR

Bitcoin… OK, i hate it, you love it. No problem. But… there may be hidden dangers that many people don't consider. What if the money people use to buy Bitcoin is actually funding enemies of the United States, like terrorists or hostile countries? Wh...

Volatility, a drop, then to the Moon!?

22 Jul 2024 1 minute read 1 comment fisherofmen

All signs are pointing to an immediate period of intense volatility in the next few days/weeks, including a sudden drop, which people will call a "correction," styled after the stocks, but it's not a correction in cryptocurrency.  It's just how it's...

06 Mar: Recovery?!

6 Mar 2024 1 minute read 0 comments TheCryptoCurator

"No one can figure out your worth but you." –Pearl Bailey Powered by Wubits - better than X because it's real people, real connections, and real conversations. Top Performing Assets (24 Hours): $ETH 3.02% | $BNB 1.68% | $BTC -0.08%  READ Guess what d...

Ripple launches Ripple USD: A new Stablecoin in the eye of regulation

7 Aug 2024 1 minute read 2 comments Albertocrypto

Ripple, the San Francisco-based payments company, has unveiled a new website for its upcoming dollar-pegged stablecoin, called Ripple USD (RLUSD). This stablecoin will be issued on both the XRP Ledger and the Ethereum (ETH) blockchain and promises to...

XRP Healthcare Builds in Dubai and Middle East for Expansion

25 Jan 2024 1 minute read 2 comments Novasky

XRP healthcare is one good project that is aimed at the pharma and the healthcare. So the platform is going to allow the usage of the XRP ledger. And this is among the use case of the XRP ledger. So the team behind the project of the XRP healthcare i...

Odds & Sods News

21 Nov 2023 1 minute read 0 comments Keith Thuerk

Odds & Sods News As we are neck deep into Q423 life speeds up and my ability to regularly contribute to my blog declines. Apologies, I did want to bring you these Crypto news items that I found of interest: Your favorite Enterprise Bitcoin Firm - Mic...

Ripple USD in Beta Test from Ripple Labs

17 Aug 2024 1 minute read 0 comments Novasky

Ripple got the SEC case settled and they are now setting out to launch the stablecoin. This stablecoin is regulated by US treasury and also going to get the SEC approval before it can get launched. Ripple is not turning any stones unturned this time....

10 Govts in Partnership with Ripple Labs for CBDC

17 Jun 2024 1 minute read 0 comments Novasky

Ripple labs have gotten stronger despite the lawsuites and the drama with SEC like it's telenovela. And each year they are bagging in new customer and new product is being launched. In Europe for example they are offering the digital product storage...

Bitcoin and Me: Why I'll Never Do What They Told Me

22 Oct 2024 1 minute read 3 comments Cyfab

I was taken aback when I heard Michael Saylor, the CEO of MicroStrategy, advising users to trust "too big to fail banks" for their Bitcoin custody. This goes against everything the crypto community stands for, and I couldn't help but feel a sense of...

Congratulations to all those who bought the dip

13 Dec 2023 1 minute read 0 comments Bulebule22

Unnecessary fear and leverage caused the recent dip, but it now is recovering.   Congratulations to all those daredevils who bought the dip. We will make great fortune and in the bullrun we will be very rich!   Just 1 month left until the BTC Spot ET...