XRP News

XRP is a digital asset created by Ripple Labs in 2012, designed to facilitate fast, low-cost cross-border payments and serve as a bridge currency between traditional fiat currencies. Unlike Bitcoin's proof-of-work consensus, XRP operates on the XRP Ledger, a decentralized blockchain that uses a unique consensus protocol to validate transactions in seconds rather than minutes.

The XRP ecosystem centers around financial institutions, payment providers, and banks seeking to modernize their cross-border payment infrastructure. Ripple's On-Demand Liquidity service leverages XRP to eliminate the need for pre-funded nostro accounts, while independent developers continue building applications on the XRP Ledger's native decentralized exchange and smart contract capabilities.

At CoinDesk, we provide comprehensive coverage of XRP news, from regulatory developments and institutional adoption to technological upgrades and market analysis. Our reporters track the ongoing legal proceedings between Ripple and the SEC, partnerships with global financial institutions, and the broader implications for cryptocurrency regulation.

DISCLOSURE: This text was written with the assistance of AI, then reviewed by a person.

Markets

Ripple CTO Says Majority Vote Would Force the Burning of Billions in XRP

The Ripple exec was responding to a question asking whether a majority vote could force the destruction of XRP held in escrow.

By Tanzeel AkhtarDec 4, 2020, 7:03 a.m. ET

Ripple Chief Technology Officer David Schwartz

Podcasts

Bitcoin News Roundup for Dec. 2, 2020

By Adam B. LevineDec 2, 2020, 12:24 p.m. ET

Markets

First Mover: Short Shrift for XRP Token's 169% Price Surge as Traders Obsess Over Bitcoin

XRP soared 169% in November, topping performance of the CoinDesk 20 digital assets during a month when bitcoin dominated headlines.

By Bradley Keoun, Omkar Godbole, Sebastian SinclairDec 2, 2020, 9:21 a.m. ET

XRP dominated the performance rankings of the CoinDesk 20 digital assets in November.

Markets

XRP Led November's Crypto Bull Run With 169% Gain

XRP jumped 169% in November to top the performance rankings among digital assets in the CoinDesk 20, outperforming bitcoin and ether.

By Bradley Keoun, Zack SewardDec 2, 2020, 7:00 a.m. ET

Markets

Market Wrap: Bitcoin All-Time High Tops Out at $19,850 as Ether Options Market Goes Mega-Bullish

A combination of volume, derivatives action and infrastructure improvements led bitcoin’s price to go where it hasn’t gone before. Ether is looking supremely bullish, too.

By Daniel CawreyNov 30, 2020, 4:29 p.m. ET