Ripple

Ripple Brings Its XRP-Powered On-Demand Liquidity (ODL) Solution to Lithuania

American FinTech firm Ripple and Lithuanian FinTech firm FINCI have entered into a strategic partnership that will enable “instant and cost-effective retail remittances and business to business (B2B) payments via RippleNet’s On-Demand Liquidity (ODL), which leverages XRP for crypto-enabled cross border payments.” FINCI is “a fintech company offering a range of financial services for private […]

Coin Bureau: Here’s Why the U.S. SEC Is Going After Ripple and XRP

The host of popular crypto commentary and market analytics show Coin Bureau has shed some light on why the U.S.’s top financial regulator is targeting Ripple (which is headquartered in San Francisco, California) and digital asset XRP. In December 2020, the U.S. Securities and Exchange Commission (SEC) charged payments start-up Ripple and two executives — […]

Ripple Was ‘a Buyer of XRP in the Secondary Market’ and ‘Expects’ to Keep Buying as ODL Adoption Grows

Ripple’s $XRP-powered On-Demand Liquidity (ODL) solution has seen its volume grow 8x year-over-year in the first quarter of 2022, with RippleNet seeing $15 billion in annualized payment volumes during the quarter. According to Ripple’s Q1 2022 XRP Markets Report, the volume of its XPR-powered solution saw market “unprecedented growth” as its customers used ODL “for […]

Ripple CEO Says Demand for His Firm’s $XRP-Powered ODL Product Has “Skyrocketed”

On Tuesday (April 26), Brad Garlinghouse, CEO of Californian FinTech firm Ripple, talked about his company’s court battle with the U.S. Securities and Exchange Commission (SEC), which is arguing that $XRP is an unregistered security, as well as how $XRP is being used outside the U.S. As you may remember, on 22 December 2020, the […]

Blockchain Interoperability Solution Allbridge ‘Brings DeFi to the XRP Ledger’

On Thursday (April 14), the team behind cross-chain bridge Allbridge announced that it had “successfully integrated support for XRP Ledger (XRPL), a decentralized, public blockchain built for payments,” delivering on a promise it made back in January. What Is Allbridge? According to Allbridge’s documentation, a blockchain bridge is “a connection that allows tokens and/or arbitrary data to […]

Ripple CEO on Use of $XRP for Payments, Macro Factors Affecting Crypto, and SEC Lawsuit

On Thursday (April 15), Ripple CEO Brad Garlinghouse explained why his firm uses the $XRP token for payments, why he is “incredibly bullish” on crypto, and why Biden’s executive order about crypto regulation is “very significant”. Garlinghouse, who was in France for Paris Blockchain Week Summit (PBWS), made these comments during an interview with CNBC. […]

Ripple Develops New Standard to Allow for Complex NFT Applications on $XRP Ledger

Ripple, a popular fintech firm and a major player in the $XRP market, has announced it has developed a new standard, called XLS-20, to “help developers build more advanced and innovative NFT applications” on top of the XRP Ledger. According to the company, the new XLS-20 standard will equip the XRP Ledger with the tools […]

Ripple’s Global Head Institutional Markets Talks About XRP-Powered ODL at CCDAS 2022

Earlier this week, Markus Infanger, Ripple’s Global Head Institutional Markets talked about real-world use cases for liquidity while appearing as part of a panel at CryptoCompare Digital Asset Summit 2022 (held on March 30 in London). The purpose of this panel (titled “Sold Facts, Liquid Truth: Building High Liquidity Digital Asset Markets”), which was moderated […]

RippleNet GM Asheesh Birla on Ripple’s On-Demand Liquidity (ODL) and Liquidity Hub

RippleNet General Manager Asheesh Birla has shared his latest thoughts on Ripple’s existing On-Demand Liquidity (ODL) product as well as Liquidity Hub, which is going live later this year. Here is Birla’s bio on Ripple’s website, where he is listed as a member of the Leadership Team: “Asheesh is the GM of RippleNet at Ripple, […]

Ripple CEO Names 5 Jurisdictions That ‘Have Acknowledged XRP Is a Currency’

In a recent interview, Ripple CEO Brad Garlinghouse talked about how the U.S. Securities and Exchange Commission (SEC) views cryptoasset XRP vs how it looked at by financial regulators in other major jurisdictions. As you may remember, on 22 December 2020, the SEC announced that it had “filed an action against Ripple Labs Inc. and two of its […]

Ripple Commits 1 Billion $XRP to Create New Use Cases on the XRP Ledger

Ripple, a popular fintech firm and a major player in the $XRP market, has announced it’s committing 1 billion XRP, worth nearly $800 million, to “accelerate development and new use cases on the XRP Ledger.” The 1 billion XRP fund, according to a press release, is an extension to the firm’s XRPL Grants program that […]

Ripple’s $XRP Lawsuit: Denial of SEC’s Motion to Strike ‘Fair Notice’ Defense Was ‘Huge Win’

The CEO of Ripple Brad Garlinghouse has revealed on social media he believes the fintech firm has scored a “huge win” after the firm’s general counsel Stuart Alderoty revealed the court denied the U.S. Securities and Exchange Commission’s motion to strike its fair notice defense. Per Alderoty, the order revealed there’s a “serious question” as […]

Ripple: 21Shares Launches $XRP Exchange-Traded Product (in CHF) on SIX Swiss Exchange

Switzerland-based 21Shares AG, considered one of the pioneers when it comes to the issuance of cryptocurrency exchange-traded products (ETPs), has announced the launch of an $XRP ETP in Swiss francs (CHF) on the SIX Swiss Exchange. The SIX Swiss Exchange is based in Zurich and is Switzerland’s main stock exchange. It trades other securities such […]

Ripple’s $XRP Lawsuit: SEC Commissioner Reportedly Believes Regulator Won’t Get Outcome It Wants

U.S. Securities and Exchange (SEC) Commissioner Hester Pierce reportedly believes that the regulator will not get the outcome it’s looking for in its lawsuit against Ripple over the $XRP token. The SEC’s  lawsuit against Ripple and two of its executives alleges they “raised over $1.3 billion through an unregistered, ongoing digital asset securities offering.” It negatively […]

XRP: Former SEC Exec Is “Very Sympathetic” to Ripple’s “Fair Notice” Argument

In a recent interview, Joseph A. Hall, a former executive at the U.S. Securities and Exchange Commission (SEC), talked about his former employer’s lawsuit against Ripple Labs. Hall has been partner in U.S. law firm Davis Polk since September 2005. Before that, between October 2003 and June 2005, he was working at the SEC, where he […]

U.S. Lawyer on SEC vs Ripple Lawsuit: ‘SEC Could Lose Both Its Pawn and Its Bishop’

Jeremy Hogan, a partner at the American law firm Hogan & Hogan, who has been closely following and commenting on the U.S. SEC’s lawsuit against Ripple, says that the SEC lawyers’ latest move seems like a huge mistake. As you may remember, on 22 December 2020, the SEC announced that it had “filed an action against Ripple Labs Inc. and […]

Ripple: Key Findings of the ‘Crypto Trends in Business and Beyond’ Report

Earlier this month, FinTech firm Ripple released a report titled “Crypto Trends in Business and Beyond” about a “blockchain-driven landscape” that it calls the “Internet of Value”. Ripple’s 44-page research report — which “focuses on the role of key blockchain use cases like payments and DeFi, and the token types — often referred to as […]

Ripple Partners With Digital Euro Association to Work on CBDCs

On Friday (February 11), the Digital Euro Association (DEA) announced that it was “delighted” about a new partnership with FinTech firm Ripple. The Digital Euro Association (DEA) is “a think tank specializing in central bank digital currencies (CBDCs), stablecoins, crypto assets, and other forms of digital money.” Its mission is “to contribute to the public […]

Ripple’s APAC Policy Director: ‘ODL Can Be Used as a Neutral Bridge Between CBDCs’

In a recent interview, Rahul Advani, APAC Policy Director at Ripple, talked about RippleNet’s On-Demand Liquidity (ODL) service, which is powered by digital asset XRP. Advani’s comments were made during an interview with financial news platform Bread. When asked how Ripple plans to “adapt to the growing demand for crypto-based cross-border settlements”, he replied: “A […]

Ripple Partners With Modulr To ‘Enable Seamless Payments Into the UK and Europe’

On Tuesday (February 1), Ripple, which specializes in solutions for cross-border payments, and Modulr Finance, which offers a “Payments as a Service API platform for digital businesses”, announced a strategic partnership. According to the joint press release, these two FinTech leaders will “make it easier than ever for businesses, like Trust Payments, to run real-time […]

Ripple CEO Brad Garlinghouse: “‘Slow Down’ Is Not in Our Vocabulary”

On Tuesday (January 25), Ripple CEO Brad Garlinghouse offered encouraging words for fans of the Californian FinTech firm and the technologies it uses for its cross-border payments solutions. As The Block reported yesterday, on Monday (January 24) Ripple announced that it had reached a $15 valuation after a private stock buy-back. The FinTech company said had […]

Ripple CEO Says 2021 Was His Firm’s Strongest Year Despite SEC Lawsuit

Ripple CEO Brad Garlinghouse say 2021 was the FinTech firm’s strongest year ever despite the company’s ongoing legal battle with the U.S. Securities and Exchange Commission (SEC).  In a series of tweets sent out on December 22, Garlinghouse called 2021 a “watershed year for crypto,” noting that acceptance and awareness for digital assets is providing […]

SEC’s XRP Lawsuit: Crypto Analyst Says “We Should All Be Rooting for Ripple To Win”

In a recent video full of interesting predictions for 2022, prominent New Zealand based crypto analyst and influencer Lark Davis explained to the over 476K subscribers of his YouTube channel why the crypto community should be “rooting for Ripple to win” the lawsuit brought by the U.S. Securities and Exchange Commission (SEC) against the Californian […]

Visa Completes Acquisition of Former Ripple Partner CurrencyCloud for $925 Million

Payments giant Visa has announced it completed the acquisition of Currencycloud, a global platform that allows banks and fintech firms to provide foreign exchange solutions for cross-border transactions. The acquisition, according to a press release, will “Visa and Currencycloud clients and partners to provide greater transparency, flexibility and control for consumers and businesses when making […]

Ripple Proposes a ‘Real Approach’ to Cryptocurrency Regulation

San Francisco-based FinTech firm Ripple recently explained “how existing financial regulatory frameworks can be usedto advance innovation and enhance consumer and market protections.” In a three page document published by Ripple, the Californian firm described its “vision of a pragmatic regulatory framework for cryptocurrencies, blockchain-enabled payments and digital assets.” Ripple mentioned that it hopes for […]

Ripple: Western Pacific Nation’s Upcoming Digital Currency Could Be Powered by XRP Ledger

Recently, FinTech firm Ripple talked about its newly formed partnership with a small Western Pacific nation. In a blog posted published on Tuesday (November 23), Ripple announced “a new partnership with the Republic of Palau to explore the country’s first national digital currency and its use cases with the XRP Ledger (XRPL).” Here is some […]

Ripple CEO ‘Not Convinced’ Dogecoin ($DOGE) Is Good for Crypto Market

The CEO of popular fintech firm Ripple, which is closely linked to the $XRP token, has recently revealed he is “not convinced” that the meme-inspired cryptocurrency Dogecoin ($DOGE) is good for the cryptocurrency space. Speaking at a panel discussion at the Fintech Abu Dhabi event, as CNBC reports, Garlinghouse said: I’m actually not convinced, somewhat […]

Ripple’s Global Payment Network RippleNet Set to Power New Remittance Corridor to Pakistan

LuLu Exchange, a financial services provider based in the United Arab Emirates, has announced a strategic collaboration with leading Pakistani financial institution Bank Alfalah to boost the experience of cross-border payments between Pakistan and the UAE. The partnership is powered by Ripple’s cross-border payments solution RippleNet. According to a press release, the new partnership will […]

Ripple CTO David Schwartz on Using XRP Ledger for NFTs

In a recent interview, David Schwartz, an architect of  XRP Ledger (XRPL) and Ripple’s Chief Technology Officer (CTO), talked about the FinTech firm’s increasing level of interest in non-fungible tokens (NFTs). The XRP Ledger was created in 2012 by David Schwartz, Jed McCaleb, and Arthur Britto, and $XRP is the native currency of the XRP Ledger. The […]

Ripple: Crypto Analyst Says It Has Taken ‘A Big Step To Be the Amazon of This Space’

On Tuesday (November 9), the first day of the two-day virtual “Ripple Swell Global 2021” conference, FinTech firm Ripple announced “Liquidity Hub“, which it describes as “a one stop shop for enterprises to source any tokenized asset.” In a blog post published yesterday, Ripple said that it envisions “a crypto-first future”, in which “every company […]

Ripple Is Bringing Its XRP-Powered On-Demand Liquidity (ODL) Solution to the Middle East

FinTech firm Ripple has partnered with non-bank digital financial services provider Pyypl to launch global payment network RippleNet’s first-ever On-Demand Liquidity (ODL) deployment in the Middle East (starting with the UAE). Via the ODL service, RippleNet “leverages the digital asset XRP as a bridge between two currencies, allowing you to eliminate pre-funding of destination accounts, […]

Mike Novogratz: $XRP Community ‘Damn Resilient’ in the Face of SEC’s Lawsuit

Billionaire investor Mike Novogratz  says a “new phenomenon” of community resilience has led XRP’s price to triple despite an ongoing lawsuit by the U.S. Securities and Exchange Commission (SEC).  Former hedge fund manager Novogratz is the Founder and CEO of Galaxy Digital, “a diversified financial services and investment management innovator in the digital asset, cryptocurrency, and blockchain […]

Ripple Continues Focus on Sustainable Financial Solutions With a New Partnership

Californian FinTech firm Ripple has announced a strategic ESG investment with Nelnet Renewable Energy “through a $44 million joint investment into one of Nelnet’s solar energy investment funds.” According to Ripple’s press release, this joint investment, which is majority funded by Ripple, will “fund solar energy projects throughout the U.S. in support of the transition to a […]

A New $250 Million Fund Aims to Bring ‘NFTs to Life on the XRP Ledger’

A $250 million fund launched by Ripple — unveiled during the recent Apex XRPL Developer Summit (September 29-30) — aims to support those who want to “create and monetize accessible and innovative non-fungible token (NFT) experiences on the XRP Ledger (XRPL).” Ripple’ Creator Fund was launched on Wednesday (September 29) in collaboration with Mintable, mintNFT, and VSA […]

“XRP’s Primary Purpose Is Facilitating Cross Border Payments”, Says Former U.S. Treasurer

Former U.S. Treasurer and Ripple board member Rosa Rios has said on social media that she sees the XRP token as a cryptocurrency whose primary purpose is “facilitating cross-border payments,” while most other cryptocurrencies “find their value in speculation.” Per Rios, who joined Ripple’s board of directors in May of this year, China’s latest crackdown […]

Ripple Helping Bhutan’s Royal Monetary Authority (RMA) With a CBDC Project

California-headquartered FinTech firm Ripple has announced a partnership with the central bank of the Kingdom of Bhutan, which is a landlocked country in the Eastern Himalayas. According to the blog post Ripple published last Wednesday (September 22), the basic idea of this partnership is to help Bhutan’s central bank (aka “Royal Monetary Authority”) “use Ripple’s CBDC […]

$XRP “Ready for Another Leg Up”, Says One Analyst, Another Says It’s “Looking Tasty”

With $XRP outperforming today (September 6) almost every other top 10 cryptoasset in terms of % change vs USD, this article looks at what some of the most popular crypto analysts, traders, and influencers are saying about XRP’s price action. According to data by TradingView, on crypto exchange Bitstamp, currently (as of 17:15 UTC on […]

Ripple Is Using Letter to Retail Investor in SEC Lawsuit Over $XRP Sales

Ripple has used a viral tweet citing an email on the status of the XRP token from the U.S. Securities and Exchange Commission (SEC) sent to a user who questioned the regulator on whether the token was a security. Late last year, a Twitter user going by “frank” reached out to the regulator in a […]

U.S. Lawyer on SEC’s Lawsuit Against Ripple Over Sale of XRP: ‘This Is a War’

Late last week, American attorney James K. Filan, who has been following the SEC’s lawsuit against Ripple, explained to XRP HODLers and other interested parities why they should not be expecting some kind of settlement any time soon. Filan is the founder of Filan LLC. He “represents individual and corporate clients in federal white collar […]

XRP’s Average Daily Trading Volume Doubled to $4 Billion in Q2 Amid Heightened Volatility

The average daily trading volume of the XRP token has surged in the second quarter of the year, despite the ongoing legal dispute involving its largest player Ripple and the U.S. Securities and Exchange Commission (SEC). According to an XRP market report published by Ripple, the daily trading volume of the cryptocurrency doubled to $4.49 […]

Ripple Handed a ‘Gift’ That Could Help Them Win Against the SEC, Says American Attorney

Jeremy Hogan, a partner at the American law firm Hogan & Hogan, says a recent public statement by two “brave” members of the U.S. Securities and Exchange Commission (SEC) could help Ripple win the lawsuit filed against them by the SEC in December 2020. On 22 December 2020, the SEC announced that it had “filed an action […]

XRP’s Use Cases Are ‘Basically the Same as Bitcoin’, Says Ripple Exec

Ripple’s Director of Developer Relations, Matt Hamilton, has claimed on social media that XRP was created by Bitcoin developers as a “better” version of the cryptocurrency once they realized “bitcoin’s energy usage was not scalable,” and that XRP’s use cases are “basically the same as Bitcoin. Hamilton’s words came as he discussed the cryptocurrency with […]

Crypto Influencer Says $XRP ‘Is Going To Blast Off Toward the End of This Year’

Crypto analyst and influencer Ben Armstrong, who is the host of YouTube channel “BitBoy Crypto”, talked about about XRP (which is currently the seventh most valuable cryptoasset by market cap) in a video (titled “Bitcoin & XRP: 2 BEST Opportunities in Crypto”) for his super popular YouTube channel. Here is what Armstrong said about Ripple and XRP: Ripple […]

Ripple Hires Former Mastercard Exec to Expand Its XRP-Powered Solution RippleNet

Fintech giant Ripple has hired former Mastercard executive Sendi Young as Managing Director of its European operations in a bid to expand Ripple’s global financial network technology RippleNet, which uses the XRP token for its On-Demand Liquidity (ODL) solution. In a blog post, Ripple detailed that Sendi has over fifteen years of experience in fintech, […]

Prominent Crypto Analyst Says XRP Price could Soon Outperform Bitcoin

Prominent cryptocurrency analyst Credible Crypto has predicted that the price of XRP is likely near a bottom when trading against the flagship cryptocurrency bitcoin and sees it reverse to outperform the cryptocurrency. In a tweet, Credible Crypto shared a chart illustrating his thoughts and added that it’s worth considering XRP is “on a major historical […]

Ripple Co-Founder Jed McCaleb Sold Nearly 240 Million XRP so Far This Month

Ripple co-founder Jed McCaleb has sold little over 240 million XRP tokens so far this month, and still has a balance of over 431 million XRP in his “~tacostand” wallet, according to data from XRPScan. McCaleb is said to have started working on Ripple back in 2011, and was part of its founding team when […]

SEC vs Ripple: Key Upcoming Deadlines in the XRP-Related Lawsuit

Jeremy Hogan, a partner at the law firm Hogan & Hogan, says that lawsuit brought by the U.S. Securities and Exchange Commission (SEC) against Ripple Labs over the sale of XRP tokens could continue into early 2022. On 22 December 2020, the SEC announced that it had “filed an action against Ripple Labs Inc. and two of its executives, […]

Ripple Proposes Federated Sidechains to ‘Unlock DeFi Capabilities’

Ripple’s Chief Technology Officer David Schwartz has proposed the introduction of federation sidechains to allow developers to implement smart contracts and decentralized finance (DeFi) capabilities adjacent to the XRP Ledger. In a blog post, Schwartz noted that Ripple has been resisting adding smart contracts capabilities to the XRP Ledger because of the risk of compromising […]

Ripple Settling SEC Lawsuit Could Lead to XRP Supply Shock, Crypto Legal Expert Says

Ripple settling its lawsuit with the U.S. Securities and Exchange Commission (SEC) could lead to an XRP supply shock, which presumably would lead to a price surge as demand would remain the same, while supply plunged. As first reported by Daily Hodl, in a new video cryptocurrency legal expert and XRP supporter Jeremy Hogan has […]

453 million XRP: Ripple Co-Founder Jed McCaleb Kept Cashing Out in May

Ripple co-founder Jed McCaleb cashed out an estimated 453 million XRP in the month of May, and still has a total of 617.3 million tokens on his “~tacostand” wallet, according to XRP blockchain data provider XRPSCan. McCaleb is said to have started working on Ripple back in 2011, and was part of its founding team […]

Ripple CEO Brad Garlinghouse: “I’m Doing My Happy Dance Today”

On Tuesday (June 1), Ripple CEO Brad Garlinghouse found an interesting way to express his happiness regarding at something CNBC did that the XRP community had long been waiting for. It all started on May 25, when CNBC included Californian FinTech startup Ripple in the 2021 edition of its Disruptor 50 list, the goal of […]

U.S. Lawyer Explains Significance of Judge Netburn’s Latest Ruling for Ripple

On Sunday (May 30), Jeremy Hogan, a partner at the law firm Hogan & Hogan, talked about Magistrate Judge Sarah Netburn’s latest ruling in the lawsuit brought by the U.S. Securities and Exchange Commission (SEC) against Ripple Labs. On 22 December 2020, the SEC announced that it had “filed an action against Ripple Labs Inc. and two of its […]

Ripple Reiterates Its Intention To Be Carbon-Neutral by 2030

Ripple has reiterated its commitment to become carbon net-zero by 2030 as part of an effort to avert worst-case climate change scenarios in a move similar to one made by most countries throughout the world, which have committed to the same goal but by 2050. On Thursday (May 27), Ripple tweeted: Ripple’s tweet linked to […]

Ripple Likely to Go Public Once SEC Lawsuit Is Resolved, Says CEO Brad Garlinghouse

Ripple CEO Brad Garlinghouse has revealed the fintech firm is highly like to go public after it settles the lawsuit the U.S. Securities and Exchange Commission (SEC) filed against it alleging the firm and two of its executives “raised over $1.3 billion through an unregistered, ongoing digital asset securities offering.”  Speaking at Consensus 2021, Garlinghouse […]

XRP Price Surges 10%, Crypto Influencer Says $XRP Is Going to $10

On Tuesday (May 25), on crypto exchange Bitstamp, the XRP price reached its intraday high of $1.06 at 00:40 UTC. Currently (as of 14:45 UTC), XRP is trading around $0.9452, up 10% in the past 24-hour period. As for the year-to-date period, XRP is up 330% vs USD. As you can see in the above […]

Ripple Co-Founder Jed McCaled Cashed Out 265 Million XRP So Far This Month

Jed McCaleb, one of the co-founders of fintech firm Ripple, has sold an estimated 265 million XRP so far this month, and still has around 389 million XRP tokens on his ‘~tacostand’ account, according to XRPScan. McCaleb is said to have started working on Ripple back in 2011, and was part of its founding team […]

Ripple Partners With Egypt’s Largest Bank to Process Cross-Border Transactions

Ripple has announced a new partnership with the largest bank of Egypt, the National Bank of Egypt (NBE) for the financial institution to use the firm’s RippleNet to connect with the UAE-based financial services provider LuLu Exchange. According to an announcement published by the firm, the partnership’s goal is to help NBE process cross-border transactions […]

Ripple’s Director of Developer Relations on RippleNet, ODL, $XRP, and $XLM

On Monday (May 17), Matt Hamilton, Director of Developer Relations at FinTech firm Ripple, took the time to address some of the common misconceptions regarding the formation of Ripple, payment network RippleNet, On-Demand Liquidity (ODL), and digit asset XRP. He also explained the reason for the architectural similarities between XRP Ledger and the Stellar Network. […]

Elon Musk Handed XRP the ‘Best Ad Campaign’ on a ‘Silver Platter’, Says Attorney John Deaton

John Deaton, an attorney and crypto enthusiast, has revealed he believes that Tesla CEO Elon Musk has just handed Ripple and the XRP token “the best ad campaign” on a “silver platter.” Deaton’s words came shortly after the electric car marker’s CEO tweeted out that Tesla will no longer be accepting bitcoin payments over concerns […]

Ripple CEO: U.S. Is ‘Only Country on the Planet That Has Viewed XRP as a Security’

Ripple CEO Brad Garlinghouse says the ongoing lawsuit involving XRP is a threat to the innovation being generated by cryptocurrency. Last week, during an interview with Fox Business, the Ripple CEO talked about the lawsuit brought against his firm last December by the U.S. Securities and Exchange Commission (SEC). He said:  “It’s so important for […]

Most Read