The lines between traditional payments networks and fintech continue to blur with Visa’s acquisition of the London-based firm.
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.
The SEC’s approach to crypto must be modified to more clearly articulate how securities laws should apply to digital assets.17178
Bill Hinman could be called to testify on his 2018 comments regarding Ethereum’s security status.49131
The NFT marketplace plans to integrate Ripple’s XRP Ledger blockchain.5795
XRP price bulls watch out! The popular Head and Shoulder pattern is statistically among the most accurate trend indicators.11198
Ripple’s legal battle with U.S. regulators continues.21678
Traders are clearly nervous after XRP corrected by 54% and the futures open interest premium flipped negative.57489
Elon Musk’s upcoming TV appearance could ultimately spell a Dogecoin Doomsday, one analyst says as price action mimics XRP in 2018.106349
The largest outside-Ripple shareholder believes that the XRP-related firm will go public shortly after settling its lawsuit with the SEC.63400
Bitcoin needs to move away from the proof-of-work consensus mechanism to remain the world’s dominant cryptocurrency, Ripple’s Chris Larsen said.19896
A crypto exchange is embracing gamification — and enabling traders to unlock achievements based on the digital assets they buy, and how often.13270
Institutional investors have rallied around XRP and other altcoins this past week, with nearly $33 million being injected in XRP investment products.37298
While the defendants may have gained an edge in pre-trial rulings in SEC v. Ripple Labs, are Ripple’s legal troubles now over?139286
XRP’s price dropped by 20% shortly after making a 2021 high at $1.96, but have the altcoin’s bullish fundamentals changed?75671
XRP price rallied more than 30% as retail traders rotate into "cheaper" altcoins and investor sentiment turns positive after Ripple's recent legal victories against the SEC.66943