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.

BlockDAG's Ideal Entry-Level X10 Miner Triggers Multiple Fold ROI Potential Amid XRP Price Drops and VeChain (VET) News Trend

5 May 2024 2 minute read 0 comments Raghav Sawhney

Interest in the cryptocurrency market is skyrocketing. Amidst this, BlockDAG's X10 miner emerges as a standout for its user-friendly mining technology. With XRP price fluctuating and VeChain making strides in sports technology, investors are keen on...

Bought some XRP by publish0x rewards

2 May 2024 1 minute read 0 comments mohdfajas

 Its been a while since last time and honestly I didn't have anything interesting to write and no mood kicked in. But I have something to write about today as I bought some XRP in binance. There is some USDT lying around in my binance wallet that is...

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...

Uh Oh! Did I Buy a Zombie Crypto? (XRP Included!)

27 Apr 2024 1 minute read 2 comments Cryptofab

Have you ever stared at your crypto portfolio, heart pounding, wondering if you've invested in a bunch of digital duds? Yeah, me too. Especially after that recent Forbes report... This article dives into the scary world of "zombie cryptos." These are...

XRP EW Update 27/04/2024 another diagonal?

27 Apr 2024 1 minute read 0 comments xennevdl

Good morning, Not much upside since my most recent post, and the upside does not look impulsive. However it is possible that wave V of our diagonal starts with a smaller diagonal. That possibility should be monitored carefully, if it fails then the u...

Follow Echoes of the Water

24 Apr 2024 2 minute read 0 comments chuxster

Hi guys,   Some big echoes are being made across the body of water that is the xrp Blockchain... Also known as Ripple. The ripples that are occurring across the Ripple Blockchain are caused by cryptocurrency millionaire wallets purchasing large amoun...

Reasons why XRP can perform very well in this alt season

22 Apr 2024 2 minute read 1 comment Bala

XRP has always been one of the important coins that I have been holding in my portfolio for a very long time. I bought the initial set when I entered crypto and after that, I again bought some more XRP and have been trading them regularly. I have not...

Navigating the Regulatory Maze with Ripple’s President Monica Long

18 Apr 2024 3 minute read 0 comments Mike Ermolaev

Within the rapidly evolving cryptocurrency space, Ripple is a unique representation of creativity and resilience. In an exclusive interview for the recurrent series "Crypto Opinion with Mike Ermolaev," I had a conversation with the President of Rippl...

BlockDAG Eyes A Significant Price Increase In Just 48 Hours As 10th Presale Batch Approaches, Surpassing Polygon And XRP Price Surges

18 Apr 2024 2 minute read 0 comments Raghav Sawhney

As the cryptocurrency market experiences fluctuations, Ripple’s XRP shows moderate growth, and Polygon's NFT sector remains resilient. Yet, it is BlockDAG that steals the spotlight, rapidly progressing through its ninth presale batch at $0.005 per co...

A new candidate for the top 10 coin market chart

15 Apr 2024 1 minute read 0 comments Kenzoo

XRP until the 2nd quarter of this year was still unable to touch the price of $1. It can be predicted that if things continue like this XRP's position on the top 10 coin market chart will be displaced by other candidates who continue to gain market s...