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

Market Wrap: Bitcoin Rebounds to $11,400 After Flash Crash as Ether Closes In on $400

Bitcoin is gaining back what it lost and ether’s upward run seems undeterred as the crypto market recovers from a flash crash on Sunday.

By Daniel CawreyAug 3, 2020

Markets

Ripple Snaps XRP Sales Slump With $33M of the Crypto Sold in Q2

XRP sales had slumped ever since Ripple paused programmatic sales during Q3 2019.

By Danny NelsonAug 3, 2020

Ripple CEO Brad Garlinghouse. (Christopher Michel/Wikimedia Commons)

Markets

Market Wrap: Bitcoin Pushes to $11,450, DeFi Value Locked Now at $4B

The crypto market continues its bullish run and investors are plowing crypto into DeFi.

By Daniel CawreyJul 31, 2020

Markets

Market Wrap: Bitcoin Sticks to $11,000; Derivatives, DeFi Keep Growing

The cryptocurrency markets are finally heating up in July.

By Daniel CawreyJul 29, 2020

Tech

Ripple Exec Unveils P2P Payments Platform Using XRP

Craig DeWitt has unveiled the beta release of a personal peer-to-peer payments project that will work in popular web browsers.

By Sebastian SinclairJul 27, 2020

Markets

Market Wrap: Bitcoin Hits 1-Month High; DeFi Value Locked Hits $3.3B

Bitcoin is making gains, Ethereum’s DeFi value grows. (CoinDesk)

By Daniel CawreyJul 23, 2020

Markets

Introducing the CoinDesk 20: The Assets That Matter Most in Crypto

Based on "real volume" from eight reputable exchanges, these 20 digital assets attract most of the sector's legitimate trading activity.

By Lawrence LewitinnJul 8, 2020

Markets

First Mover: XRP Just Isn’t Exciting Crypto Traders This Year

It's been a second straight year of disappointment for the XRP token from Ripple, which has stagnated as other big cryptocurrencies have seen big rallies.

By Daniel Cawrey, Omkar GodboleJun 22, 2020

Markets

Former CFTC Chair Giancarlo Lays Out Why He Thinks XRP Isn't a Security

The fact investors buy XRP for different reasons means it's more like a new form of currency than it is a security, says former CFTC head Christopher Giancarlo.

By Paddy BakerJun 17, 2020