With the lack of regulation and common standards, a lot depends on crypto companies’ social responsibility and blockchain-based CSR.
Founded in 2012 as OpenCoin, Ripple Labs is the software company developing the XRP cryptocurrency and distributed ledger technology alongside a suite of payment protocols for streamlined cross-border settlement for financial institutions.
XRP functions as the bridge currency underlying Ripple’s liquidity and exchange product, xRapid, which provides financial institutions a medium for global value transfer between various fiat currencies.
XRP Ledger is the open-source DLT that provides cryptographically secure, verifiable settlement of the XRP currency. XRP Ledger is not part of Ripple’s suite of proprietary software products, as it is accessible and open to all.
At Cointelegraph, we are chronicling the progress of Ripple Labs (and XRP) as it competes with cryptocurrency protocols and traditional fintech platforms alike.
Ripple has contributed the majority of a $44-million fund to support solar energy projects across the United States.6985
The XRP price chart is painting a golden cross while rising inside an ascending channel.21025
The partnership will enable MoneyGram customers to fund and withdraw from their accounts using the USDC stablecoin at physical branches.9173
The judge ruled that the SEC would be required to launch enforcement actions against each individual XRP holder should they be allowed to participate in the case as defendants.21098
Like other large-cap legacy altcoins, XRP is stuck in a rut and data suggests investors are content just to sit and watch.17562
“We believe NFTs embody the promise of tokenization and represent a tipping point for its embrace by the mainstream,” said Ripple.6647
After joining Ripple’s board of directors in May, Rosa Rios is bashing Bitcoin for being a supposed speculative tool.18271
The company claimed its CBDC solution would allow Bhutan’s central bank to deploy a digital ngultrum “without compromising financial stability or monetary policy objectives.”7921
Smart contract capabilities are rendering old-school megalithic crypto projects obsolete as blockchains evolve beyond just being a medium of exchange.20199
Ripple is now required to produce terabytes of Slack messages to the SEC that were previously withheld due to an apparent data error.34462
In the ongoing SEC vs. Ripple lawsuit, the judge has sided with the latter over its request for "fair use" access to internal documents from the U.S. regulator.31892
The court has reportedly given the U.S. SEC until Sept. 3 to respond to Ripple’s motion to compel the authority to provide data on its employees’ XRP holdings.27190
XRP price has bounced back from its July lows but some indicators are starting to suggest that the rally is due for a pullback.72724
The classic "double bottom" pattern's success rate of hitting its profit target lies around 78.55%.43194