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

XRP Interest Jumps as Brad Garlinghouse Meets With Trump

The native token of the XRP Ledger rose more than 2% on Wednesday while most of the rest of the crypto sector saw steep losses.

Brad Garlinghouse, the CEO of Ripple Labs (Jesse Hamilton/CoinDesk)

Markets

XRP Rockets 11% as Bitcoin Starts New Year With Bullish Bang

South Korean trading volumes supported an outperformance in XRP, as a CoinDesk analysis noted earlier this week.

(MOSHED)

Markets

XRP Volumes Zoom Ahead of Bitcoin, Dogecoin in South Korea. What’s Next?

South Korean markets tend to prefer XRP over larger assets such as bitcoin and ether, and a volume bump tends to precede price anomalies on local exchanges.

(Unsplash)

Videos

Ripple’s RLUSD Stablecoin Triggers Trading Frenzy

"CoinDesk Daily" host Christine Lee breaks down the biggest headlines in the crypto industry Tuesday as the launch of Ripple's RLUSD sparked an XRP trading frenzy. Plus, the latest on MiCA and Tether's investment in European stablecoin company StablR.

Ripple’s RLUSD Stablecoin Triggers Trading Frenzy

Finance

Ripple to Roll Out RLUSD Stablecoin on Dec. 17, Adds Former Central Bankers to Advisory Board

The stablecoin will become broadly available to crypto users on the XRP Ledger and Ethereum networks beginning on Tuesday.

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

Videos

What the Fed's 'Policy Mistake' Means for Crypto Markets

Amberdata Director of Derivatives Greg Magadini joins CoinDesk with his outlook on bitcoin, ether and solana's performance in 2025. Plus, insights into the Federal Reserve's rate cut decisions and the skepticism around XRP's recent surge. This content should not be construed or relied upon as investment advice. It is for entertainment and general information purposes.

What the Fed's 'Policy Mistake' Means for Crypto Markets

Markets

Bitcoin Crosses Above $101K as XRP, AI Tokens Lead Crypto Rally Following CPI

Wednesday morning's in line U.S. inflation data seemingly cleared the way for a Fed rate cut next week.

Crypto stocks surged after Trump's announcement rebounded the market.(Torsten Asmus/Getty images)

Markets

XRP Price Raises Bull Flag as $5 Call Options Heat Up: Godbole

XRP's price pattern is teasing a major bullish pattern alongside increased activity in the $5 strike call options on Deribit

XRP looks north. (StockSnap/Pixabay)

Markets

XRP Rallies 10% as Ripple's Stablecoin Gets Regulatory Approval, CEO Garlinghouse Says

The approval is a necessary step towards the public launch of the RLUSD token, which is currently in test mode on Ethereum and XRP Ledger.

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

Markets

Gauging Bitcoin, XRP Resistance Levels After Record Price Rallies

As cryptocurrencies enter price-discovery mode, options market activity can help traders identify potential resistance levels.

Distribution of open interest in BTC options on Deribit. (Deribit Metrics)