Ripple’s new Value Report on enterprise crypto and blockchain highlights NFT, blockchain and CBDC utility in business settings.
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.
A panel at the Blockchain Futurist Conference was asked about the future of decentralized finance and what was needed to be done to bring about mainstream adoption.4783
Regulators have expressed conflicting messages about whether the U.K. is a good place for cryptocurrency development to occur.3208
Ripple has continued to see adoption for its remittance technology from private institutions despite the ongoing lawsuit in the United States.2778
As the case against Ripple rages on, the SEC wants to see certain “friends of the court” in support of Ripple be barred from providing legal aid to the defense.16239
A crypto lending platform still hopes to stay afloat, but experts doubt such probability.2661
XRP Scan shows the former Ripple founder’s “Tacostand” wallet has only $16 worth of XRP left at the time of writing.15080
The SEC has argued that the documents should be protected because Hinman wrote the speech as a “personal errand,” but the judge didn’t buy it.13547
Jed McCaleb, the former co-founder and CTO of Ripple Labs, has mere weeks left until his XRP balance reaches zero.21882
Macro risks and a long-term bearish setup continue to spoil XRP’s bullish prospects.7847
“The SEC [decided] to do regulation through enforcement, which is not efficient and really I think has stifled innovation in the United States,” said Brad Garlinghouse.8828
XRP's bearish outlook is driven by a mix of technical and fundamental factors that could see its price drop to $0.18 next.9015
“Like a hammer wanting everything to be a nail, the SEC is keeping everything murky so it can argue every crypto is a security,” claims Ripple general counsel Stu Alderoty.15005
The Ripple CEO reflected on crypto's presence at the World Economic Forum and the emerging use cases for digital assets.5554
Brad Garlinghouse, the CEO of cross-border payments company Ripple, spoke during a panel discussion at the WEF 2022.14996