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.

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Ripple Invests $750,000 to Bring XRP to Crypto Wallet BRD

Mobile wallet provider BRD plans to add XRP support to its iOS and Android apps.

Von Nikhilesh De11. Okt. 2019

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Binance Adds XRP-Pegged Token to Its Decentralized Exchange

The world's leading crypto exchange by volume announced the addition of XRP-BF2 to its decentralized exchange platform.

Von William Foxley11. Okt. 2019

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Ripple's Xpring Launches Crypto, Fiat Payments That Integrate Into Any App

Xpring says its tech uses XRP ledger to make it possible for developers to integrate payments into any application.

Von Nate DiCamillo2. Okt. 2019

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Ripple's Xpring Looks to Build XRP DeFi Products With New Acquisition

Nine Logos engineers are joining Xpring to develop DeFi products based on XRP.

Von Nate DiCamillo27. Sept. 2019

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Ripple Avoids Securities Question in Motion to Dismiss XRP Lawsuit

Ripple avoided arguments over whether XRP is a security in its new motion to dismiss a class action lawsuit.

Von Nikhilesh De20. Sept. 2019

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Crypto Sleuthing Firm Elliptic Raises $23 Million in Fundraise Led by SBI

Blockchain forensics firm Elliptic has raised $23 million in Series B round led by Tokyo-based financial institution (and XRP holder) SBI.

Von Ian Allison4. Sept. 2019

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SBI Holdings Subsidiary Will Pay a Shareholder Dividend in XRP

SBI Holdings, the investment arm of Japanese financial giant SBI Group, will pay out dividends in the third largest cryptocurrency by market capitalization, XRP.

Von Daniel Kuhn29. Aug. 2019