XRP (Ripple)

  • XRP (Ripple)
  • Introduction

    Ripple’s distributed financial technology enables banks to send real-time international payments across networks.

  • About The Project

    Built for enterprise use, XRP offers banks and payment providers a reliable, on-demand option to source liquidity for cross-border payments. Today the world sends more than $155 trillion across borders. Yet, the underlying infrastructure is dated and flawed. Ripple connects banks, payment providers and digital asset exchanges via RippleNet to provide one frictionless experience to send money globally. Using XRP, banks can source liquidity on demand in real time without having to pre-fund nostro accounts. XRP consistently handles 1,500 transactions per second, 24x7, and can scale to handle the same throughput as Visa.

Roadmap

Founded in 2012

To realize the vision for the Internet of Value

SBI Ripple Asia Formed

To accelerate the commercial use of blockchain in Japan and Korea

Interledger Protocol (ILP) Launches

To ensure interoperability among all blockchain and legacy technology

RippleNet Committee Formed

To create and maintain a rulebook that ensures operational consistency and legal clarity for every transaction

100+ on RippleNet

More than 100 financial institutions join RippleNet

On-Demand Liquidity (ODL) Commercially Available

Customers on RippleNet use XRP to source liquidity on-demand

200+ on RippleNet

More than 200 financial institutions join RippleNet

Xpring Established

To build infrastructure and help innovative blockchain projects grow

UBRI Established

To support and accelerate academic research, technical development and innovation in blockchain, cryptocurrency and digital payments

MoneyGram Uses ODL

To power their RippleNet transactions between the U.S. and Mexico

300+ on RippleNet

More than 300 financial institutions join RippleNet

Team

  • Brad Garlinghouse

    Brad Garlinghouse

    CEO

  • Marcus Treacher

    Marcus Treacher

    SVP of Customer Success

  • David Schwartz

    David Schwartz

    Chief Technology Officer

  • Monica Long

    Monica Long

    SVP of Marketing and Communications

  • Ethan Beard

    Ethan Beard

    SVP of Xpring

  • Asheesh Birla

    Asheesh Birla

    SVP of Product

  • Ron Will

    Ron Will

    Chief Financial Officer

  • Kahina Van Dyke

    Kahina Van Dyke

    SVP of Business and Corporate Development