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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14 Apr 2020 4 minute read 4 comments pheonixdown-dee

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Ripple CEO Hints at Ripple Going Public via IPO in 2020 - What Does it Mean?

6 Feb 2020 2 minute read 7 comments Brawnd0

Ripple CEO Brad Garlinghouse, in a recent talk at the World Economic Forum, suggested that there is a possibility that Ripple might go public via IPO - a move that would no doubt have enormous ramifications for both Ripple and XRP, and the crypto mar...

Why XRP is more and more attractive for big financial institutions ?

22 Apr 2020 2 minute read 1 comment McAlex7

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Ripple (XRP) and its Potential in Southeast Asia (SEA)

3 Feb 2020 2 minute read 3 comments totatree

Southeast Asia is one of the fastest growing region. Each of its members contribute to the rapid economic growth in its own way. Decades ago most countries in Southeast Asia were third world countries. Thanks to the economic growth most of those nati...

XRP (Ripple) Coin Review

1 Apr 2020 4 minute read 6 comments ChangeNOW

Ripple is one of the most popular cryptocurrencies in the crypto market today. It works towards revolutionizing the payment systems. From the project team’s view, the current payment system is expensive, slow, and limited in transparency – this is wh...

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13 May 2020 2 minute read 5 comments Airdrop Radar

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What Is Ripple? - Beginner's Guide

4 Apr 2020 5 minute read 5 comments CryptoCation

Unlike most Cryptocurrencies that want to completely reform the current financial system, Ripple aims to work with it and act as a bridge to unite financial institutions together. Ripple was created in 2012 and aims to create a global network of fina...