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.


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...

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,...

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...

Ripple Launches RLUSD: Its Stablecoin to Conquer the $150 Billion Market

14 Jun 2024 1 minute read 0 comments KMatt

A new player enters the world of stablecoins: Ripple has revealed the name of its cryptocurrency still in the US dollar, namely RLUSD (Real USD or Ripple USD). Presented during the XRP Ledger Apex, the move represents an important step for the compan...

Weekly Crypto Insights: Bitcoin, Ethereum, Solana, and More (03/06/24 - 09/06/24)

10 Jun 2024 1 minute read 0 comments Dex-Trade

The cryptocurrency market saw significant activity this past week, driven by a mix of macroeconomic factors and key industry-specific developments. This analysis covers the performance of major cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH...

Weekly Crypto Analysis: Key Insights on Bitcoin, Ethereum, Solana, and More (27/05/24 - 03/06/24)

3 Jun 2024 1 minute read 0 comments Dex-Trade

The cryptocurrency market saw significant activity this past week, driven by a mix of macroeconomic factors and key industry-specific developments. This analysis covers the performance of major cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH...

Ripple's Vision for DeFi: An Interview with Ripple's Head of DeFi Product Jasmine Cooper

28 May 2024 8 minute read 1 comment Mike Ermolaev

Jasmine Cooper, the Head of DeFi Product at Ripple, leads tokenization and DeFi products within RippleX, the team focused on providing infrastructure, tools, services, and programs for developers to enable new crypto use cases on the XRP Ledger (XRPL...

Bitcoin and the Fed: A Tale of Anticipated Rate Cuts

23 May 2024 1 minute read 0 comments InsideCrypto

Welcome to another exciting episode of Inside Crypto! In this episode, we delve into the world of Bitcoin and the looming shadow of the Federal Reserve’s anticipated rate cuts. We explore how these potential policy changes could shake up the crypto...

Making Web3 Simple: How Developers Can Make Web3 More User-Friendly

22 May 2024 4 minute read 4 comments Allen Taylor

I recently read three articles on Web3 and they all agree on one thing: Web3 is too complex for the average Internet user. For your reference, below are the three reads. Feel free to check them out for yourself: The dilemma of global Web3 integrati...

XRP versus TON: the next cryptocurrency battle

14 May 2024 1 minute read 1 comment Talha.Khalid

Toncoin (TON), native cryptocurrency of The Open Network, has positioned itself as the eighth largest crypto asset in capitalization. It is right after XRP, a cryptocurrency issued by the Ripple company, an asset which it seems to be about to surpass...