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.


With Success Against Binance the SEC Thinks it Deserves Another Go With Ripple

2 Apr 2024 3 minute read 11 comments Cje95

Does anyone else remember the phrases "sometimes you just take the win and walk away" or "stop while you are ahead"? Sadly it appears that SEC Chairman Gary Gensler does not have a clue about this very idea. When they scored a settlement with Binance...

01 Apr: Tether Buys More Bitcoin

1 Apr 2024 2 minute read 0 comments TheCryptoCurator

"Wise men speak because they have something to say; Fools because they have to say something."-Unknown Powered by Wubits - don't pay to "Xweet," get paid to engage.  READ Happy Monday Folks! Bitcoin is trading down at $69,468 from $70,160 yesterday a...

30 Mar: Week Recap

30 Mar 2024 2 minute read 0 comments TheCryptoCurator

"Words are, of course, the most powerful drug used by mankind." –Rudyard Kipling Powered by Wubits - better than X because it's real people, real connections, and real conversations. Happy Saturday Folks! As I type Bitcoin is trading at $70,160 up si...

29 Mar: ETH ETF Coming?

29 Mar 2024 2 minute read 0 comments TheCryptoCurator

"The more things change, the more they are the same." –Alphonse Karr Powered by Wubits - better than X because it's real people, real connections, and real conversations. READ It's Frriiddaayyy Folks! Bitcoin is trading down at $70,000 from yesterday...

28 Mar: Inflows for Years

28 Mar 2024 2 minute read 1 comment TheCryptoCurator

"Of all possessions a friend is the most precious." –Herodotus Powered by Wubits - better than X because it's real people, real connections, and real conversations. READ Welcome to Thursday Folks! Bitcoin is trading up at $70,717 from yesterday at $7...

27 Mar: Accumulation and Adoption

27 Mar 2024 3 minute read 2 comments TheCryptoCurator

"Avoid popularity; it has many snares, and no real benefit." –William Penn Powered by Wubits - better than X because it's real people, real connections, and real conversations.  Note: Sent from 10,000 ft in the air on Southwest :)  READ Guess what da...

26 Mar: Outflows Paused

26 Mar 2024 2 minute read 3 comments TheCryptoCurator

"Anyone who has never made a mistake has never tried anything new." –Albert Einstein Powered by Wubits - don't pay to "Xweet," get paid to engage.  READ Happy Tuesday Folks! Bitcoin is trading up at $70,682 which is up from $66,944 and up from $62,26...

25 Mar: Increasing Interesting

25 Mar 2024 2 minute read 1 comment TheCryptoCurator

"Never forget the three powerful resources you always have available to you: love, prayer, and forgiveness."-H. Jackson Brown, Jr. Powered by Wubits - don't pay to "Xweet," get paid to engage.  READ Happy Monday Folks! Bitcoin is trading up at $66,94...

The best coins for passive income - XRP, SPONGE V2, Meme Kombat

22 Mar 2024 4 minute read 0 comments CryptoMax1387

The best coins for passive income - XRP, SPONGE V2, Meme Kombat It has become known that very soon the public blockchain XRP Ledger will have a staking feature available. This means that traders will no longer have to make an effort and sell XRP tok...

14 Mar: Elon Still Loves DOGE!

14 Mar 2024 2 minute read 0 comments TheCryptoCurator

"A will finds a way." –Orison Swett Marden Powered by Wubits - better than X because it's real people, real connections, and real conversations. Top Performing Assets (24 Hours): $SOL 13.22% | $DOGE 7.85% | $AVAX 6.32%  READ Welcome to Thursday Folks...