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.


Markets

Investor Lawsuit Argues Ripple Still Has to Answer Over Ongoing XRP Sales

Ripple's argument that an XRP holder waited too long to file suit has no precedent, a new legal filing claims.

Ripple CEO Brad Garlinghouse. (Christopher Michel/Wikimedia Commons)

Markets

What’s Next in the Securities Case Against Ripple Over XRP

Ripple has strong defenses against a lawsuit alleging it violated securities laws by selling XRP, but the road ahead is long, legal experts said.

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Markets

XRP Price Exits Downtrend to Hit Three-Week High

XRP has been on the offensive, having ended a 3.5-month-long downtrend with a move to three-week highs.

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Markets

Ripple Invests $750,000 to Bring XRP to Crypto Wallet BRD

Mobile wallet provider BRD plans to add XRP support to its iOS and Android apps.

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Markets

Binance Adds XRP-Pegged Token to Its Decentralized Exchange

The world's leading crypto exchange by volume announced the addition of XRP-BF2 to its decentralized exchange platform.

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Markets

Ripple's Xpring Launches Crypto, Fiat Payments That Integrate Into Any App

Xpring says its tech uses XRP ledger to make it possible for developers to integrate payments into any application.

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Markets

Ripple's Xpring Looks to Build XRP DeFi Products With New Acquisition

Nine Logos engineers are joining Xpring to develop DeFi products based on XRP.

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Markets

Ripple Avoids Securities Question in Motion to Dismiss XRP Lawsuit

Ripple avoided arguments over whether XRP is a security in its new motion to dismiss a class action lawsuit.

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Markets

Crypto Sleuthing Firm Elliptic Raises $23 Million in Fundraise Led by SBI

Blockchain forensics firm Elliptic has raised $23 million in Series B round led by Tokyo-based financial institution (and XRP holder) SBI.

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Markets

SBI Holdings Subsidiary Will Pay a Shareholder Dividend in XRP

SBI Holdings, the investment arm of Japanese financial giant SBI Group, will pay out dividends in the third largest cryptocurrency by market capitalization, XRP.

xrp, crypto