XRP

CoinDesk placeholder image

XRP is a digital asset and cryptocurrency that was created by Ripple Labs Inc., a technology company specializing in the real-time gross settlement system, currency exchange, and remittance network. XRP operates on an open-source and peer-to-peer decentralized platform that allows for a seamless transfer of money in any form, be it USD, Yen, litecoin, or bitcoin. XRP is often used by Ripple's payment ecosystem, RippleNet, and is increasingly adopted by banks and payment networks as settlement infrastructure technology. As a bridge currency, XRP also provides liquidity for instant cross-border transactions.

Read less...


trading
Bitstamp to Launch New Ripple Trading Pairs
Bitstamp is launching new markets for Ripple’s XRP digital asset, offering trading pairs for USD and euros.
trading

Credit: Shutterstock
Not Just Bitcoin: The Top 7 Cryptocurrencies All Gained in 2016
CoinDesk contributor Frederick Reese gives an overview of trends in the digital currency and digital asset markets during 2016.
Credit: Shutterstock

Ripple, Stefan Thomas
The Case for Ripple in the Age of Big Bank Blockchains
CoinDesk profiles distributed ledger startup Ripple's recent market strategy for XRP, the digital asset, in the face of new competitors.
Ripple, Stefan Thomas

ROI, investment
Ripple: Distributed Ledger Tech Can Save Banks 42% on Payments
A new Ripple Labs report claims banks using XRP as a bridge currency could save up to 42% on costs today.
ROI, investment

shanghai
Japan's SBI Holdings Teams With Ripple to Launch New Company
SBI Holdings, the financial services business division of Japan’s SBI Group, has announced it is creating a new company with Ripple.
shanghai

deal, business
Jed McCaleb, Ripple Labs Strike Deal to Avoid 9 Billion XRP Sell-Off
Ripple Labs has reached an agreement to prevent co-founder and Stellar creator Jed McCaleb from quickly liquidating his XRP holdings.
deal, business

ripplelabslogo
Ripple Price Rebounds After CEO Pledges 7 Billion XRP Donation
Ripple CEO Chris Larsen has committed to donate large portion of the digital currency he owns to the underbanked.
ripplelabslogo

ripple
Price of Ripple Plummets as Co-Founder Plans 9 Billion XRP Selloff
Jed McCaleb, co-founder of Ripple Labs, has announced the sale of his sizable stake in the platform's native currency.
ripple