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.


Tech

Ripple Exec Unveils P2P Payments Platform Using XRP

Craig DeWitt has unveiled the beta release of a personal peer-to-peer payments project that will work in popular web browsers.

(BigTunaOnline/Shutterstock)

Markets

Market Wrap: Bitcoin Hits 1-Month High; DeFi Value Locked Hits $3.3B

Bitcoin is making gains, Ethereum’s DeFi value grows. (CoinDesk)

Source: CoinDesk 20 Bitcoin Price Index

Markets

Introducing the CoinDesk 20: The Assets That Matter Most in Crypto

Based on "real volume" from eight reputable exchanges, these 20 digital assets attract most of the sector's legitimate trading activity.

CoinDesk 20

Markets

First Mover: XRP Just Isn’t Exciting Crypto Traders This Year

It's been a second straight year of disappointment for the XRP token from Ripple, which has stagnated as other big cryptocurrencies have seen big rallies.

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Markets

Former CFTC Chair Giancarlo Lays Out Why He Thinks XRP Isn't a Security

The fact investors buy XRP for different reasons means it's more like a new form of currency than it is a security, says former CFTC head Christopher Giancarlo.

Christoper Giancarlo (CoinDesk archives)

Tech

Free Transactions Invite Systemic Attacks on Blockchains, Researchers Find

EOS, Tezos and XRP have not seen high levels of intended use, according to a new report from researchers in London.

Credit: Shutterstock

Policy

Ripple Says XRP Lawsuit Fails to Show CEO Committed Fraud

Ripple's court filing says CEO Brad Garlinghouse could still be "long" on XRP and sell a claimed 67 million tokens on the open market.

Ripple CEO Brad Garlinghouse

Finance

UAE Bank Opens Bangladesh Remittance Corridor Using Ripple's Blockchain Tech

RAKBank aims to speed up remittances for Bangladeshi expats after integrating with RippleNet.

Dhaka, Bangladesh (Credit: Shutterstock/Lumenite)

Finance

Mysterious Company Files New Lawsuit Over Ripple's $1.1B XRP Sale

The lawsuit alleging Ripple violated U.S. securities laws comes from a company that previously accused FTX of price manipulation.

Brad Garlinghouse Ripple

Finance

YouTube Suspends Ripple’s Tech Chief Days After XRP Scam Lawsuit Filing

Schwartz's channel was suspended for impersonation, but he's no idea why.

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