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

Payment Provider Fleetcor to Pilot Ripple's XRP Cryptocurrency

Workforce payment services provider Fleetcor has announced a pilot using xRapid, a product powered by Ripple's XRP cryptocurrency.

By Nikhilesh DeMar 1, 2018

Markets

Ripple Papers Pledge New Start for $40 Billion XRP

Ripple, the startup behind the world's third-largest cryptocurrency, has released two white papers that it hopes will move the technology forward.

By Alyssa HertigFeb 21, 2018

Markets

UAE Remittance Firm Partners With DLT Startup Ripple

A remittance firm based in Abu Dhabi has inked a new partnership with distributed ledger startup Ripple.

By Nikhilesh DeFeb 12, 2018

Markets

Ripple's XRP Worst Hit By January Market Decline

Large-cap cryptocurrencies may have had a stellar 2017, but 2018 hasn't been so kind – with several being worst hit.

By Omkar GodboleFeb 3, 2018

Markets

Santander to Roll Out Ripple-Powered App in 4 Countries

Santander UK is working with Ripple to allow customers to make international payments using a new mobile app.

By Nikhilesh DeFeb 2, 2018

Markets

Back at $1: Ripple's XRP Retreats Amid Market Sell-off

Down to a two-week low, Ripple's XRP token is taking a beating amid a broad losses across the cryptocurrency markets.

By Omkar GodboleFeb 1, 2018

Markets

In Their Own Words: Real Companies Talk Ripple XRP Pilots

Coming off several weeks of intense criticism enterprise blockchain startup Ripple has revealed several clients using its native cryptocurrency, XRP.

By Michael del CastilloJan 29, 2018

Markets

Two More Companies Sign On to Test Ripple's XRP in xRapid Pilots

IDT Corporation and Mercury FX announced Wednesday that they would pilot Ripple's XRP token to facilitate real-time, low-cost international transfers.

By Nikhilesh DeJan 24, 2018