Global transactions for financial institutions


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0.236978 (0.49%) arrow_drop_up

Market Price (24h change)


Total Market Cap



info_outline What is XRP



XRP Short Description

Ripple, the company behind xRapid, xCurrent and XRP solutions continues to invest heavily in developing its ecosystem. Its main objective has always been to increase the intrinsic value of its currency and trading technologies, as well as taking the adoption of cryptocurrencies to a new level. The company recently partnered with MoneyGram, an international money transfer service. The initial idea of ​​the partnership was for MoneyGram to test xRapid and xCurrent as transaction tools. XRapid and xCurrent can be used to settle international transactions faster and much cheaper than using traditional methods.

Fortunately the test seems to have been a success as MoneyGram has announced that it will adopt XRP and Ripple's solutions in full. According to ZyCrypto, xRapid was considered an efficient form of transaction, reducing the time and cost of transfer settlements. Interestingly, the recent partnership was born of a rivalry. Ripple, which is trying to bring a revolution for transfer solutions, had MoneyGram as its direct competitor, since both were in the same industry. Now, with the partnership, MoneyGram starts to use the speed offered by Ripple products and Ripple takes advantage of the adoption possibility by Money Gram users.

This is where both sides win and the cryptocurrency ecosystem benefits. The news is excellent for the XRP, but there is no price movement yet. XRP remains the third largest in the industry at $ 0.316480 and up 1.5%, moving similarly to the rest of the cryptocurrency. It is possible that when the partnership gains strength, the currency will appreciate more, but this is far from certain. In addition, altcoins have been at a low point for a few weeks..


XRP Explanation Video

Basics of Ripple (XRP) [Explained in 3 Minutes] | Money Investing University

In this video I will cover the basics of Ripple for beginners. The Ripple ecosystem consists of two main technologies The first is the Ripple protocol which is an open source pro ...

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Mail: abuse@moniker.com
Creation date: 1998-03-13
Expiration date: 2022-03-12
Nameserver: NS-1069.AWSDNS-05.ORG

build XRP Product Analysis



XRP Whitepaper

While several consensus algorithms exist for the Byzantine Generals Problem, specifically as it pertains to distributed payment systems, many suffer from high latency induced by the requirement that all nodes within the network communicate synchronously. The result is a low-latency consensus algorithm which still maintains robustness in the face of Byzantine failures.

The whitepaper of XRP is 15 Pages long.

The most influencial keywords are: Payment providers, Banks, Banking, Global payments, Transacting, Providing, Ripple, Cost, Networks, and Customers.

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XRP Competitors

  • 1.) OmiseGO

    The OMG network is a scaling solution for finance on Ethereum, enabling transparent, peer-to-peer transactions in real-time. The decentralized network facilitates self-sovereign financial services across geographies, asset classes and applications.

  • 2.) Stellar

    Stellar is an open platform for building financial products that connect people everywhere. Stellar blockchain enables near instant payments, with almost zero fees, and a smart contract platform to create digital asset economy.

  • 3.) Bitcore

    Bitcore aims to be the #1 solution for direct payments. Bitcore has one of the lowest transaction fees on the market while providing possibly the best on-chain scaling solution in the entire crypto-sphere. Full Bitcore team: https://bitcore.cc/team/


XRP Product Analysis

XRP was founded back in April 2013. Its source code was released publicly on github on November 2011 under the Other license.
Organization wise, XRPs Development is Centralized and is being developed under the lead of David Schwartz.

The consensus on which the XRP network is run is called Ripple Protocol Consensus Algorithm, while the underlying algorithm is called Ripple Protocol Consensus Algorithm.
In the current state of XRP currently is Working product

group XRP Community Analysis



XRP Communities & Events

Ripple connects banks, payment providers and digital asset exchanges via RippleNet to provide one frictionless experience to send money globally. Banks and payment providers can use the digital asset XRP to further reduce their costs and access new markets. XRP is the fastest and most scalable digital asset today.

view_list r/ripple Subreddit
person 209,007 Subscribers
directions_run 725 Active Users
create 12 Daily Posts
speaker_notes 124 Daily Comments
linkOpen Subreddit


News: @RippleAlerts
中文群: @Ripple_CN

XRP FAQ: https://t.me/Ripple/550224
Crypto FAQ: @CryptoFAQs

Listed in: @Crypto > @CryptoCurrencies

view_list Ripple XRP Channel
person 25,903 Members
directions_run 1,000 Online
linkOpen in Telegram

Official Twitter account for XRP

view_list @Ripple Channel
person 943,885 Followers
With 500k+ freelancers on its platform, @goLanceInc makes well-paid jobs and sustainable sources of income more accessible to talented people in the developing world through #ODL. https://t.co/WLoLRmM2fL 446 favorite
Forbes Japanのインタビュー記事の中で、Rippleの@emy_wngは、ブロックチェーン業界におけるダイバーシティ向上の重要性、およびその為の取り組みについて語っています。 @emy_wng discusses the importance of driving diversity in #blockchain and more initiatives across the industry. https://t.co/O21vbOVEt6 416 favorite
At #SwellbyRipple, @BenLawsky joined Ripple’s General Counsel, @s_alderoty to discuss the origins of BitLicense and lessons learned that may help inform future regulatory frameworks. https://t.co/z6B5W3l1R4 725 favorite
"The global economy will see continued growth of micro and wallet payments to support immediate, low-value payment flows." Start off your week with more 2020 #fintech predictions from @marcus_treacher. via @FinTech_Mag https://t.co/nuSiFSUZ2m 1,213 favorite
Xin Nian Kuai Le from the Ripple team! #ChineseNewYear #RippleLife https://t.co/Axss4pDMTp 876 favorite
Curious how Ripple's #XRP escrow process works? Here's some light reading from @JoelKatz to kick off your weekend. Yes, the post is from 2017. No, the process hasn't changed since. https://t.co/Q9cqyaA3XE 1,156 favorite
Ripple's @marcus_treacher predicts international #payments will continue to get faster and smaller—enabling solutions like distributed ledger technologies to scale. https://t.co/lPR8m9CjvH 867 favorite
We’re also excited about the continued growth and the potential of #ODL across our global customer base. As we mentioned in the latest #XRP Markets Report, plans for additional corridors across APAC, EMEA and LATAM are in progress for 2020—stay tuned! https://t.co/TeT6CfLDmx https://t.co/ker9Hu65Oj 1,625 favorite
“Those who have the least, pay the most. For immigrants, dramatically reducing the cost of remittances changes the ability for billions to participate in the financial system.” CEO @bgarlinghouse chats with @WSJ’s @PhillipaLJ at #WEF20. #Davos2020 https://t.co/VOOUiEqCtQ 1,175 favorite
The Q4 XRP Markets Report highlights continued pause in programmatic #XRP sales, low volatility and a deeper dive into escrow movements. https://t.co/kkFmJZD1eV 1,588 favorite
Name Date Description
Blockchain for Europe 02.05.2020

XRP Google Trends

The Google Trends chart displays the search interest on google in XRP relative to its peak over the last year. A rising chart shows growing interest int he project.

code XRP Development Analysis



XRP Github Analysis

Code Updates (Commits)

Every change to the codebase of XRP is registered as a commit. More active projects have many commits, dead projects nearly none.

Code line changes (+/-)

Extending a project results in many new lines of code. Changing existing code results in nearly the same amount of additions and deletions. Projects that are growing show a large number of code additions with relatively few deletions.

Programming languages

Repository Numbers

star 3,373 Stars
remove_red_eye 483 Watchers
usb 1,064 Forks
sync_problem 167 Open Issues
border_color 0.15 % Comment Coverage
lock_open Other License

attach_money XRP Price Analysis



XRP Price Prediction

$ 0.240411 (1.64%) arrow_drop_up

Predicted USD Market Price in 24h by Coinpaper

$ 0.235954 (-0.24%) arrow_drop_down

Predicted USD Market Price in 14d by Coinpaper


Converter XRP - USD

Convert between XRP and USD with the live XRP prices, aggregated from all big exchanges that trade XRP.


Market insights

Volume from exchanges is considered untrusted if the exchange has little reputation and no License but reports suspiciously high trading volume in particular coins.

account_circle XRP Team Analysis



XRP Team

XRP Lead

Brad Garlinghouse - Ceo
Brad is the CEO of Ripple and a member of the Board of Directors. Prior to Ripple, Brad served as the CEO of file collaboration service Hightail. From 2009 to 2012 he was President of Consumer Applications at AOL and prior to that he held various executive positions at Yahoo! from 2003 to 2009, including Senior Vice President.

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XRP Team Members (13)


David Schwartz

Chief technology officer


Ron Will

Chief financial officer


Kahina Van Dyke

Svp of business and corporate development


Asheesh Birla

Svp of product


Cory Johnson

Chief market strategist


Monica Long

Svp of marketing and communications


Marcus Treacher

Svp of customer success


Ethan Beard

Vp of product


Chris Kanaan

Vp of engineering


Sandi Kochhar

Vp of people


Brynly Llyr

General counsel


John Mitchell

Vp of global sales

remove_red_eye XRP Product Review by Coinpaper


Product description


Ripple (XRP) is among those few cryptocurrencies that took the market by storm and made their mark in a very short period of time. It doubles as an open payment network and a digital currency. The network aims to free the world from the binding chains of the current payment and financial network. In essence, it provides an alternative to banks, PayPal and credit cards by offering a cross border payment method while charging minimal fees for financial transactions.
As of now, the Ripple network is working on the release of three different products, namely xCurrent, xRapid and xVia. The company is now focussing more on xCurrent and this is the product that has more or less become the identity of the Ripple network. It aims to bring financial institutions like banks on board and allows cross border financial transactions in a faster, secure and cheaper way (Sinha, 2019).



Among the three products offered by the Ripple network, up till now, xCurrent is the most developed. It is a solution for cross-border payments, which as of now, are very time consuming and include high costs. Ripple offers instant transfers between borders and charges minimal fees. However, banks although very interested in the technology, are reluctant to use the RippleXRP token due to its high fluctuation, which has become a major issue for the Ripple Company.



The minds behind the Ripple technology are Chris Larsen and McCaleb. McCaleb is a competent, skilful programmer and has several ventures to his name. He founded the famous file sharing program eDonkey2000, which was put down by the regulatory authorities and he was forced to pay $30 million in compensation (Mennecke, 2006). Afterward, he created the website MtGox (which was hacked on June 2011 – USD 9 million were stolen). He later sold the website, while still holding a considerable amount of shares of it (McCormack, 2019).
McCaleb co-founded Ripple in 2012 with Larsen, but his term there was short-lived. He left the Ripple network in 2014 to start out his own cryptocurrency venture Stellar Lumens which is considered as a Ripple fork. Currently, Larsen is single-handedly leading the Ripple Team.


How things stand


Ripple’s first critique, which was a rather strong one is that the Ripple network is not decentralized. Ripple holds more than 50% of the total supply of RippleXRP tokens and thus can control the validation processes on the network. Obviously, with every other cryptocurrency offering a decentralized technology network, this was not welcomed by the public (Mix, 2018).
In December 2018, a detrimental story was uncovered by an independent researcher, Geoff Goldberg. According to the irrefutable evidence unearthed, it was alleged at some point that Ripple was using fake social media bots to lure the new users into developing an interest towards the Ripple network. This greatly damaged the reputation of the institute and further raised questions towards the integrity of the technology (Caldwell, 2019).
Ripple also made it into news, after the famous actor, Ashton Kutcher, donated $4 million to the DeGeneres Wildlife Fund live at the Ellen DeGeneres Talk Show through the Ripple network. He also stated that Ripple is an amazing technology and he himself has invested in this technology (TheEllenShow, 2018).



The company has rolled out the test version of the Ripple XRP token. There is not much information available in relation to the current state and progress of the product. However, the GitHub profile of Ripple looks very busy and seems like the team is working really hard to keep it upgraded and updated (Ripple Team, 2019).



Security Ripple offers relatively high security. The coin has been around for a while and has made quite an impression on multiple occasions.
Transactions per second Ripple network can handle many more transactions per second compared to other cryptocurrencies.
Transaction speed The transaction speed is much higher compared to other cryptocurrencies.
Transaction cost The transaction fees are much lower compared to other cryptocurrencies.
Enery consumption The energy consumption is low compared to other cryptocurrencies.
Product availability The product is already available and is currently undergoing test in its beta mode.
Exchange availability The coin is available on the major trusted exchanges.
Adoption The coin has a low acceptance rate compared to other cryptocurrencies.
Decentralization The coin is centralized with Ripple owning the majority of the XRP supply.
Privacy Transactions with this coin are pseudonymous and thus can be tracked.

remove_red_eye XRP Market Review by Coinpaper




The Ripple product xCurrent has a bright future in the crypto market. However, the success of the Ripple XRP token heavily depends upon recognition and acceptance by financial institutions as a token for transactional purposes. The main hindrance towards making the Ripple XRP acceptable is not only its high volatility and unstable behaviour, but also getting the bank to trust the technology. Financial institutions like banks might not be interested in giving full control of a very high-profile transaction to the Ripple network. What banks might be interested in would be to create an ecosystem of their own, with partnerships and collaborations with other banks in order to use the xCurrent technology. This would serve their purpose better.



There are no new projects in the company’s pipeline. They are currently focusing on the already announced products and much of the efforts are directed towards making it better and marketing of the technology, to attract businesses for partnerships and to attract potential investors for the Ripple XRP token.



The potential that this technology holds is exceptionally huge. For this very same reason, financial institutions are reluctant to promote the usage of Ripple because the network, if it becomes implemented, could damage the importance of the banking network. If the Ripple coin XRP is adopted by major banks, it would see a bright future.




The biggest threat to the Ripple Network currently is Stellar Lumen. Stellar was created by the co-founder of Ripple, McCaleb, and is evidently a forked (copied) version of the Ripple technology.



Ripple has managed to get into a mutual agreement of partnerships with several businesses. On February 3, 2018, Ripple signed a mutual agreement with the multinational Spanish Bank, Santander Group. The bank will use and promote Ripple product xCurrent, but will not be using the Ripple XRP token for the transactional processes (Sokolov, 2019).
Another development in the making is the partnership with the Fleetcor Indusind Bank. They will be making use of the xCurrent technology but it is still unclear as to whether they will be making use of the Ripple XRP token or not (Jagati, 2018).



The Ripple community has one of the most active user communities in the crypto-world. This could be indicated when XRP made it to the list of top 10 cryptocurrencies in terms of market capitalization. The community has strengthened and indicators of high user activity and involvement are seen. The community promotes and shares recent information and developments to attract new people towards the technology.



The Ripple Foundation is currently being lead by the CEO, Brad Garlinghouse. The team includes many experienced individuals with knowledge in both technical and financial services.


compare_arrows XRP Exchanges

XRP Markets

# Exchange Pair Price 24h Volume Trusted
# 1 Binance XRP/USDT $ 0.237774 $ 29,258,413 check
# 2 Bitstamp XRP/USD $ 0.236460 $ 16,638,179 check
# 3 Binance XRP/BTC $ 0.237187 $ 11,914,334 check
# 4 Coinbase Pro XRP/USD $ 0.236700 $ 8,041,815 check
# 5 Poloniex XRP/BTC $ 0.237375 $ 3,772,236 check
# 6 Bitstamp XRP/EUR $ 0.236431 $ 3,661,489 check
# 7 Bitfinex XRP/USD $ 0.236830 $ 2,868,310 check
# 8 Kraken XRP/USD $ 0.236630 $ 2,283,413 check
# 9 Kraken XRP/EUR $ 0.236794 $ 2,029,376 check
# 10 Coinbase Pro XRP/BTC $ 0.237375 $ 1,143,751 check


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