Ripple, the successor to Ripplepay, was released in 2012 as a real-time gross settlement system (RTGS), currency exchange and remittance network – all under the umbrella of a cryptocurrency platform.
Built for enterprise use, XRP offers banks and payment providers a reliable, on-demand option to source liquidity for cross-border payments.
Using XRP, banks can source liquidity on demand in real time
without having to pre-fund nostro accounts.
Payment Providers use XRP to expand reach into new markets, lower foreign exchange costs and provide faster payment settlement.
XRP consistently handles 1,500 transactions per second, 24×7, and can scale to handle the same throughput as Visa.*
*Source: 50,000 transactions per second, as of July 15, 2017
Open-source technology, built on the principles of blockchain with a growing
set of validators.
XRP’s five-year track record of stable technology and governance makes it ready for institutional and enterprise use.
Establishedin 2012Dedicated team of world-class engineersNegligible energyconsumptionAll ledgers closedwithout issuesince inception43,502,848
10 XRP (XRP)