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.


Binance Coin will rise again and crush XRP for fundamental reasons

16 Jul 2023 1 minute read 16 comments Dave Sawyer

Cryptonauts, we love y'all!!   Thanks for shooting by!!  HIT it mighty watch army !!! There is ALWAYS a warmup funny somewhere !!! TLDR: ya, first ah ha ha ya gotta call obstructionist waffling and deliberate lack of clarity a STRATEGY, ah HAH HA HA...

XRP Is Not a Security, Except For When It Is

19 Jul 2023 5 minute read 4 comments Allen Taylor

On July 13, 2023, U.S. District Judge Analisa Torres ruled partially in favor of Ripple Labs and partially in favor of the Securities and Exchange Commission (SEC) to settle once and for all whether XRP is a security. Here's how the judge ruled: XR...

Top 5 Tokens to Buy NOW

12 Jul 2024 1 minute read 8 comments ChangeNOW

Top 5 Hype Tokens of This Week on ChangeNOW The cryptocurrency market is buzzing with excitement, and this week, five tokens are taking the spotlight: $FTN, $ZRO, $ZK, $XRP, and $DOGE. Let’s dive into what makes these tokens stand out. 1. $FTN (FastT...

With Success Against Binance the SEC Thinks it Deserves Another Go With Ripple

2 Apr 2024 3 minute read 11 comments Cje95

Does anyone else remember the phrases "sometimes you just take the win and walk away" or "stop while you are ahead"? Sadly it appears that SEC Chairman Gary Gensler does not have a clue about this very idea. When they scored a settlement with Binance...

Top Traded Payment Tokens on KuCoin You Need to Know About

18 Jul 2023 1 minute read 2 comments KuCoin Blog

Satoshi Nakamoto's vision for Bitcoin as a decentralized cryptocurrency has evolved into a transformative force in the finance industry by 2023. Blockchain-based decentralized payment networks offer enhanced security, transparency, and efficiency, re...

2024 Crypto Bull Run: 5 Things to Know

13 Mar 2024 4 minute read 3 comments Allen Taylor

As I await the time for me to hit the road and head toward Rockwall, Texas to set up a book table in a grocery store there, I thought I'd jot down some quick thoughts on the 2024 bull run. Here are 5 things that make this bull run a special time for...

Stellar (XLM) vs. Ripple (XRP): What Are the Differences and Which Is Better?

26 Feb 2024 3 minute read 2 comments Guarda Wallet

Banks and other financial institutions are looking for ways to modernize and streamline their payment systems. As a result, they are turning to blockchain technology and digital assets to solve these problems. Stellar (XLM) and Ripple (XRP) are two o...

Ripple and Fortress Trust: The Sudden End of a Potential Merger

30 Sep 2023 1 minute read 0 comments ZeroRequiem

On September 8th, Ripple announced their acquisition of Fortress Trust, a web3-focused financial institution.  Fast forward 20 days later to September 28th and Ripple CEO Brad Garlinghouse announced his company will no longer move forward with the ac...

A Skeleton Crew of Workers is About to be all That's Left at the SEC

23 Sep 2023 2 minute read 1 comment Cje95

Even though House Republicans continue to work and Members and Staff have been advised they could be recalled to DC for votes the likelihood of a spending bill coming together this weekend is practically zero. The issue that has been hampering the Ho...

Top Crypto Picks: BlockDAG Dominates With Multiple Fold ROI Potential in the Market Along with Bitcoin, Ethereum, Binance Coin, Ripple, & Solana

29 Apr 2024 2 minute read 1 comment Raghav Sawhney

Exploring new cryptocurrencies offers undeniable excitement, yet investing requires a thorough analysis. Understanding a project’s potential for growth, strengths, and weaknesses is crucial for evaluating its fit and risk. This article offers detaile...