XRP News

XRP is a digital asset created by Ripple Labs in 2012, designed to facilitate fast, low-cost cross-border payments and serve as a bridge currency between traditional fiat currencies. Unlike Bitcoin's proof-of-work consensus, XRP operates on the XRP Ledger, a decentralized blockchain that uses a unique consensus protocol to validate transactions in seconds rather than minutes.

The XRP ecosystem centers around financial institutions, payment providers, and banks seeking to modernize their cross-border payment infrastructure. Ripple's On-Demand Liquidity service leverages XRP to eliminate the need for pre-funded nostro accounts, while independent developers continue building applications on the XRP Ledger's native decentralized exchange and smart contract capabilities.

At CoinDesk, we provide comprehensive coverage of XRP news, from regulatory developments and institutional adoption to technological upgrades and market analysis. Our reporters track the ongoing legal proceedings between Ripple and the SEC, partnerships with global financial institutions, and the broader implications for cryptocurrency regulation.

DISCLOSURE: This text was written with the assistance of AI, then reviewed by a person.

Markets

Nasdaq Adding Index for XRP Cryptocurrency to Global Data Service

After bitcoin and ether, Nasdaq is now adding an index for the world’s third-largest cryptocurrency, XRP, to its global data service.

By Yogita KhatriApr 30, 2019

Markets

Ripple Says Sales of XRP Cryptocurrency Grew 31% in Q1

Blockchain payments startup Ripple has reported a 31 percent quarter-to-quarter increase in sales of XRP.

By Yogita KhatriApr 25, 2019

Markets

Ripple Co-Founder Donates $25 Million in XRP to US University

Ripple co-founder Chris Larsen, his wife Lyna Lam and the Rippleworks nonprofit have donated $25 million in XRP to San Francisco State University.

By Yogita KhatriApr 8, 2019

Ripple Executive Chairman Chris Larsen and Lyna Lam

Markets

Crypto Market Capitalization Hits 5-Month High Above $185 Billion

The combined value of the cryptocurrency market rose to $185.89 billion earlier today, its highest level since Nov. 18.

By Sebastian SinclairApr 8, 2019

Finance

Exchange-Traded Products for XRP, Litecoin Go Live for EU Investors

Exchange-traded products (ETPs) tied to XRP and litecoin have gone live on Nordic Growth Market, a unit of Borse Stuttgart.

By Stan HigginsApr 4, 2019

Markets

XRP Exchange-Traded Product Goes Live on Swiss SIX Exchange

An exchange-traded product (ETP) tracking the price of the XRP cryptocurrency has gone live on Switzerland’s primary stock exchange SIX.

By Yogita KhatriApr 2, 2019

Markets

Coinbase Soft Launches International Payments with XRP and USDC

Coinbase seems to have launched a new service for international payments, offering its users free transfers when they use XRP and USDC.

By Stan HigginsApr 1, 2019

Markets

Ripple's Xpring Helps Launch $100 Million Fund for Game Developers

Xpring, Ripple's grant network for developers, has partnered with gaming startup Forte to create a $100 million fund to support game devs.

By Anna BaydakovaMar 12, 2019

Markets

Binance's Trust Wallet Adds Support for XRP, Credit Card Payments

Cryptocurrency exchange Binance’s official wallet, Trust Wallet, has added support for XRP and credit card payments.

By Yogita KhatriMar 12, 2019

Markets

Swiss Exchange to List XRP Exchange-Traded Investment Product

Swiss stock exchange SIX will soon list an XRP-based ETP from Amun AG, with other crypto products planned for later in 2019.

By Wolfie ZhaoMar 11, 2019

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