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.

XRP News

Markets

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.

By Frederick ReeseDec 31, 2016

Credit: Shutterstock

Markets

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.

By Pete RizzoMar 2, 2016

Ripple, Stefan Thomas

Markets

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.

By Daniel PalmerFeb 23, 2016

ROI, investment

Markets

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.

By Pete RizzoJan 29, 2016

shanghai

Markets

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.

By Pete RizzoAug 14, 2014

deal, business

Markets

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.

By Daniel CawreyMay 27, 2014

ripplelabslogo

Markets

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.

By Daniel CawreyMay 22, 2014

ripple
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