RIPPLE
Ripple
Ripple, first released in 2012, is for moving money to all corners of the world instantly, easily, efficiently and cost-effectively. Ripple was considered a replacement of traditional SWIFT for cross-border payment and settlement. Ripple uses RippleNet for global payment and its token XRP functions as a bridge for fiat money exchanges. CEO of Ripple is Brad Garlinghouse.
Ripple, first released in 2012, is for moving money to all corners of the world instantly, easily, efficiently and cost-effectively. Ripple was considered a replacement of traditional SWIFT for cross-border payment and settlement. Ripple uses RippleNet for global payment and its token XRP functions as a bridge for fiat money exchanges. CEO of Ripple is Brad Garlinghouse.
Ripple Anticipates U.S. Banks to Adopt XRP Following Partial SEC Case Victory
Ripple expects U.S. banks to adopt its XRP for cross-border payments following a ruling that it's not necessarily a security.
Ripple CEO Foresees Prolonged SEC Appeal Process Following Favorable XRP Ruling
Ripple CEO foresees long SEC appeal after XRP ruling. Case highlights the need for clear crypto regulation in the U.S.
Court Ruling Sparks Surge in Ripple's XRP Price and Market Cap
Ripple Labs achieved a partial victory in its case with the U.S. Securities and Exchange Commission (SEC) on July 13, 2023.
Ripple XRP Q2 2023: Market Cap Decline while NFT Transactions Rise, Reported Messari
According to a recent analysis by Messari, the XRP Ledger (XRPL) saw growth and fall in the second quarter of 2023. Despite a 10.7% quarter-over-quarter (QoQ) decline in market cap from $27.8 billion to $24.8 billion, the XRPL, saw its native token, XRP, maintain its position as the sixth-largest cryptocurrency by market capitalization.
Ripple's CBDC Team Reveals Real Estate Tokenization
Antony Welfare, Ripple's CBDC adviser, recently participated in a fintech conference in Central and Eastern Europe (CEE), where he presented two groundbreaking use cases. One of these is the tokenization of real estate, a concept that is rapidly gaining momentum as a potential future for the real estate industry, as he claimed
Ripple Receives Approval for Digital Payment License from MAS
Ripple, a leading provider of enterprise blockchain and cryptocurrency solutions, has announced a significant milestone for its Singapore subsidiary, Ripple Markets APAC Pte Ltd.
Ripple Acquires Swiss-based Metaco, Sets Sights on $10T Institutional Crypto Custody Market
Ripple, the global provider of blockchain-based payment systems, has announced its acquisition of Metaco, a Swiss provider of digital asset custody and tokenization technology.
MoneyTap Expands in Japan with Three New Bank Integrations
MoneyTap, the Ripple-based payment system, has expanded in Japan with three new local bank integrations through SBI Remit. This enables the banks to offer peer-to-peer remittance services to their customers via the MoneyTap mobile application, which features high-security measures.
Ripple Launches Liquidity Hub to Bridge Crypto and Fiat
Ripple has launched a liquidity solution for businesses to access digital assets, including BTC, ETH, ETC, BCH, and LTC, through various market makers. The Ripple liquidity hub aims to bridge the gap between crypto and fiat, and reduce the cost of operations on high-volume transactions. Notably, XRP is not mentioned in the product launch, which could be attributed to Ripple's ongoing court battle with the SEC.
XRP Not a Security According to Hogan
Jeremy Hogan, partner at Hogan & Hogan, argues that Ripple’s XRP does not fit the definition of an investment contract and is therefore not a security. The SEC lawsuit against Ripple claims that the company illegally sold XRP as an unregistered security, but Hogan argues that the SEC has not demonstrated an implied or explicit investment contract.