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.


$2bil TO BE INJECTED INTO CRYPTO! - RIPPLE GOING PUBLIC w/IPO! - HAWAIIAN BANKS TO HOLD CRYPTO!

1 day ago 1 minute read CryptoBitcoinChris $0.50 tipped

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Video CRYPTOCURRENCIES : Ripple IPO, XRP TIP BOT ACCOUNT BANNED on TWITTER

1 day ago 1 minute read Digital Asset Thinker $0.09 tipped

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Ripple CEO Announces its IPO Will Happen in 2020

2 days ago 2 minute read crypto_moose $0.17 tipped

Speaking at the World Economic Forum in Davos, Brad Garlinghouse the CEO of Ripple announced that its IPO is happening sometime in 2020. Moreover, he believes that other cryptocurrencies will also follow Ripple and initiate IPOs to become publicly tr...

Bullish on XRP? You should be.

2 days ago 2 minute read Ghengis $0.17 tipped

Price and value - they're 2 separate things.  Sometimes, you can find an item that is well made and is of use to you, that's good value.  A similar item may be right next to it, which could be of use to you, it's much cheaper, but it's poorly made -...

Ripple(XRP) may go public (IPO) in the next year

2 days ago 1 minute read Otek $0.14 tipped

Ripple, the company behind one of the biggest on - the-market cryptocurrencies, XRP, may file for an IPO within 12 months. As the World Economic Forum 2020 is being held in Davos, Switzerland, the last few days have been quite busy. In a interview Br...

Doge: Just day trade or significant HODL?

2 days ago 1 minute read matim10 $0.20 tipped

  Doge is a peculiar currency nowadays, created as a joke coin, established itself and has a huge marketcap today, almost entirely due to the very low fees and relative volatility that favor the day trade, but it has other interesting aspects. Among...

Thailand adopting Ripple's XRP ODL

2 days ago 1 minute read Ghengis $0.21 tipped

The future of Finance is Asia, mark my words. The Siam Commercial Bank, Thailand's oldest bank (111 years old) has just announced they are adding cross border functionality to their mobile app, SCB Easy.  SCB has 16,000,000 customers. SCB launched SC...

XRP Quarterly Market Report

2 days ago 2 minute read Ghengis $0.18 tipped

To ensure transparency, Ripple voluntarily provides a quarterly report on the current state of the XRP market.  I have summarised the key takeaways and provided a link to the full report for those who are interested. Key takeaways Last quarter, tota...

BULL RALLY OVER!? CHINA DUMPING BTC FOR NEW YEAR? BITCOIN: MOST CRITICAL MOVE OF 2020! XRP ADOPTION!

2 days ago 1 minute read CryptoBitcoinChris $0.25 tipped

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What is Online Trading and its Different Types

3 days ago 3 minute read Tokenhell.com $0.09 tipped

In today’s world, the trend for online trading is increasing day by day. Online trading is a source of earning money and getting rich in a short period of time. Therefore, most of the people have directed themselves toward online trading either forex...