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.


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...

Ӿ Nano (XNO) vs XRP: A Detailed Analysis

19 Jun 2024 9 minute read 2 comments NanoWatchman

Nanocurrency, also known as simply Nano (international currency symbol Ӿ) (ticker code XNO) , is a cryptocurrency that stands out due to its fast, feeless transactions and inflationless nature. Nano is often compared to XRP, another popular cryptocu...

Main crypto prices since all time highs

7 Jul 2024 2 minute read 0 comments Behiver

Market is quite volatile these days and the main crypto prices moved quite a bit from their previous all time highs. Should we be scared, should we run, should we sell everything and get out of the crypto space? Well, if you are weak-kneed and your p...

XRP will unlock 1 billion tokens. Impact on price?

27 Jun 2024 1 minute read 0 comments Albertocrypto

On July 1, Ripple was worth an estimated $470 million, as part of its monthly sales. Ripple used these unlocks to fund its operations and development, despite concerns about continued selling pressure in the market. Releasing large amounts of XRP to...

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...

Weekly Crypto Analysis: Key Insights on Bitcoin, Ethereum, Solana, and More (10/06/24 - 16/06/24)

17 Jun 2024 1 minute read 1 comment Dex-Trade

Overview The cryptocurrency market has experienced notable fluctuations this past week, influenced by various macroeconomic factors and significant developments within the crypto space. This analysis covers the performance of major cryptocurrencies,...

XRP EW Update 30/06/2024 A diagonal needs overlap

30 Jun 2024 1 minute read 0 comments xennevdl

Good morning It's been awhile and things haven't been going as I expected. Details matter when counting waves, and it's a bit disappointing you sometimes miss important things. In mid April I presented you a diagonal, but if you looked carefully it d...

If XRP wins over SEC, will it go to 1$ mark!

8 Jul 2024 2 minute read 0 comments HiRaj

Dear Readers,  There is no further improvement in the global crypto market. At the time of writing this article, the global crypto market is valued at $ 2.02 Trillion another 5% down in the 24 hours. The crypto market leaders BTC is trading at $ 5500...

Weekly Crypto Analysis: BTC, ETH, SOL, XRP, ADA & DOGE

11 hours ago 1 minute read 1 comment Dex-Trade

This week, the cryptocurrency market experienced significant movements, reflecting the dynamic nature of the crypto space. Below is a detailed analysis of the market trends for Bitcoin (BTC), Ethereum (ETH), Solana (SOL), XRP, Cardano (ADA), and Doge...

Top Crypto Presale: BlockDAG's Remarkable $16.6M Presale Performance Draws Interest from XRP and Chainlink Investors

13 Apr 2024 1 minute read 1 comment Raghav Sawhney

The digital currency ecosystem is abuzz as BlockDAG's presale phases, particularly Batch 6, sell out quickly, capturing the attention of investors from the XRP community. In parallel, Chainlink (LINK) is experiencing pivotal moments as it strives to...