XRP

XRP is a digital asset and cryptocurrency that was created by Ripple Labs Inc., a technology company specializing in the real-time gross settlement system, currency exchange, and remittance network. XRP operates on an open-source and peer-to-peer decentralized platform that allows for a seamless transfer of money in any form, be it USD, Yen, litecoin, or bitcoin. XRP is often used by Ripple's payment ecosystem, RippleNet, and is increasingly adopted by banks and payment networks as settlement infrastructure technology. As a bridge currency, XRP also provides liquidity for instant cross-border transactions.

Read less...

Crypto Prices

XRP XRP

$0.47118586

Brad Garlinghouse, CEO of Ripple, speaks at Consensus 2024. (Shutterstock/CoinDesk)

Policy

Regulations

Ripple’s Big Court Win Nonetheless Muddied Waters on Whether XRP Is a Security Deserving Tougher Regulation

In a near-vacuum of legal and regulatory clarity for crypto, district judges’ opinions on whether a given token is a security or not – which determines the level of regulation...

By Cheyenne Ligon

Jun 28, 2024 at 7:09 p.m. UTC

Jun 28, 2024

RegulationsRippleXRP

Policy

Regulations

Taiwan Crypto Advocacy Body Becomes Formally Active With 24 Entities

The body will act as a bridge between the private sector and the government in supervising the industry.

By Amitoj Singh

Jun 14, 2024 at 10:16 a.m. UTC

Jun 14, 2024

RegulationsTaiwanXRPXREXCryptoPolicy

Markets

Brad garlinghouse

Ripple's Brad Garlinghouse Foresees XRP, Solana, Cardano ETFs: Consensus 2024

It's only a matter of time, the CEO of Ripple said on stage at Consensus 2024 in Austin.

By Sam Reynolds

May 30, 2024 at 10:22 p.m. UTC

May 30, 2024

Brad GarlinghouseSolanaXRPETFCrypto ETFCardano

Scrabble letters spelling ETF arranged a rack

Markets

Solana

SOL, XRP Could Be Possible Candidates for ETFs, Standard Chartered Says

Standard Chartered analyst Geoffrey Kendric said that those exchange-traded funds could be on the horizon in 2025.

By Helene Braun

May 24, 2024 at 2:33 p.m. UTC

May 24, 2024

SolanaXRPRippleETFSEC

Ripple ad in Washington's Union Station (Nikhilesh De/CoinDesk)

Policy

Regulations

Ripple Says $10M Penalty Enough, Rejects SEC’s Ask of $1.95B Fine in Final Judgment

The court had found Ripple violated federal securities laws by making institutional sales of XRP but dismissed other allegations brought by the SEC.

By Amitoj Singh

Apr 23, 2024 at 7:32 a.m. UTC

Apr 23, 2024

RegulationsRippleXRPCryptoSECSecuritiesjudgeJudge analisa torresNew York

Ripple CEO Brad Garlinghouse (Scott Moore/Shutterstock/CoinDesk)

Opinion

What Does Ripple’s Stablecoin Mean for XRP?

XRP has plenty of internet fans but Ripple has struggled to win real enterprise customers. Will its new stablecoin fill the gap and overshadow its existing token?

By Daniel Kuhn

Apr 4, 2024 at 6:37 p.m. UTC

Apr 4, 2024

OpinionRippleXRPThe NodeNewslettersStablecoinsRemittances

Technology

Ripple

Ripple, Developer Behind XRP Ledger, Enters Stablecoin Fray vs. Tether, USDC

The token will be "100% backed by U.S. dollar deposits, short-term U.S. government Treasuries and other cash equivalents," according to the company.

By Sam Kessler

Apr 4, 2024 at 1:00 p.m. UTC

Apr 4, 2024

RippleStablecoinXRPDavid Schwartz

Opinion

What Happens if the SEC Classifies ETH a Security? (Wrong Answers Only)

The reported move, if confirmed, could have serious ramifications for the blockchain’s developers. But success for the troubled regulator is far from certain and unanswered qu...

By Daniel Kuhn

Mar 21, 2024 at 7:36 p.m. UTC

Mar 21, 2024