Ripple (XRP) News, Price Predictions, Opinions and Analyses Created by Users

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.


6 News You Might Have Missed Over The Weekend (21-23 Feb 2020)

24 Feb 2020 5 minute read 27 comments Brawnd0

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11 Feb 2020 4 minute read 41 comments cam_elica_24

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19 Feb 2020 4 minute read 51 comments Smoljanović

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DeFi on XRP and how to claim XRP fork?

24 Aug 2020 2 minute read 16 comments paragism

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10 Dec 2020 3 minute read 18 comments johnwege

Most of us who have gotten into cryptocurrency have all at some point had the same thought; we wished we would have gotten into it sooner. Looking at past prices we’ve been envious of the entry prices many of our predecessors were lucky enough to hav...

Top Things You Should Know About Ripple (XRP)

30 Mar 2020 11 minute read 20 comments MuyAsk

Hey guys :) I’m back with another full-featured piece on everything you need to know about X cryptocurrency. This time I answer all of the need to know questions about Ripple’s XRP digital currency.  If you haven’t already checked out some of my prev...

Atomic Wallet: Ripple and the Spark distribution

22 Nov 2020 2 minute read 49 comments PVMihalache

Flare's native token, Spark, will be distributed to Ripple (XRP) holders. At the moment, the airdrop distribution is for users holding their Ripple on non-custodial wallets, but some exchanges hinted that will also support the airdrop. The amount of ...

Syscoin Tidbits: XRP's Regulatory Mess & Syscoin's Compliance Solution with 4.2.

27 Dec 2020 2 minute read 20 comments drlove

There can be no question that regulatory requirements are on the rise - particularly relating to stablecoins and those determined to have investment character rather than being considered having utility token characteristics. In fact, the current alt...

10,000 Satoshi's a Day, Every Day

29 Mar 2020 5 minute read 62 comments Thomas Wolf

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