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.


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17 Sep 2020 1 minute read 5 comments AE22

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Analysis of prices BTC, ETH, XRP (17.09.20)

17 Sep 2020 1 minute read 0 comments InsanisFox

BTC/USD Yesterday, in the first half of the day, the decline in the BTC price stopped at around 10600.00 USD. The buyers tried to continue the growth, and in the evening they managed to set the daily high at the point of 11100.00 USD. However, at ni...

XRP Prediction 17 September 2020

17 Sep 2020 1 minute read 1 comment Qwertyx

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16 Sep 2020 1 minute read 1 comment InsanisFox

BTC/USD Yesterday, buyers managed to pierce the daily EMA55 and set a weekly high around 10940.00 USD. However, sellers stopped the BTC price recovery and did not allow the pair to gain a foothold above the level of 10,800.00 USD. We believe that to...

XRP Prediction 16 September 2020

16 Sep 2020 1 minute read 0 comments Qwertyx

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Episode 187: 💲 Is Ripple The Future Of Digital Payments? 💰

15 Sep 2020 1 minute read 0 comments NewCreationCapital

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15 Sep 2020 1 minute read 1 comment InsanisFox

BTC/USD Yesterday, buyers were able to form a fairly strong bullish momentum and repeat the breakout of the resistance of 10500.00 USD. This morning the price has already pierced the resistance of 10800.00 USD. On the daily time frame, the moving a...