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

At Ripple's Snoop Dogg Party, A Search for XRP

So what we get drunk? So what we smoke weed? We're just having fun, something something XRP.

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Markets

Ripple Launches 'Xpring' Initiative to Invest in XRP-Focused Startups

Ripple has launched an initiative to provide financial assistance to "serious" startups and projects – as long as they boost its own ecosystem.

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Markets

Ripple: XRP Pilot Cuts Payment Fees Up to 70%

Ripple's xRapid pilot program results found that customers saved both money and time when compared to traditional cross-border transactions.

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Markets

Investor Sues Ripple Alleging 'XRP Is a Security'

An investor is suing Ripple Labs, claiming that XRP is a security pertaining to the startup.

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Markets

Ripple Says Sales of XRP Cryptocurrency Rose 83% In Q1

While XRP's price has fallen since the end of the year, Ripple's sales of the cryptocurrency are stronger than ever.

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Markets

Snoop Dogg to Perform at Ripple's Blockchain Week NYC Party

Snoop Dogg will perform at Ripple's Community Night during this year's Blockchain Week in May.

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Markets

Ripple Invests $25 Million of XRP in Blockchain Capital Fund

Ripple has invested $25 million of its XRP token into a fund created by notable industry venture capital firm Blockchain Capital.

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Markets

Is XRP a Security? Major Ripple Debates Explained

Ripple has been on a tear this year, but its popularity is bringing back old debates around what its distributed ledger tech is all about.

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Markets

An XRP ICO? It's On Whether Ripple Likes It or Not

Turns out you can launch an ICO on Ripple's distributed ledger, and one small Brazilian company is ready to test it out.

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Markets

Major Cryptocurrencies Are Hitting 2018 Lows Today

Ripple's XRP, ether and bitcoin cash have all hit fresh lows for the year, amid broader crypto market weakness.

(Alexander Kirch/Shutterstock)