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Brad Garlinghouse told Bloomberg in an interview Nov. 13 that Ripple aims to overtake Swift. He reiterated Ripple has no plan whatsoever for a partnership with SWIFT. Also, the Society for Worldwide Financial Telecommunication (SWIFT) refuted claims that it is partnering with Ripple, Finance Magnate reported. A few weeks ago, a rumor had it that [...]
While the cryptocurrency market is currently moving sideways, the world’s third most valuable cryptocurrency Ripple has broken through this trend and has risen by more than 15 percent. A few hours ago, the trading price of XRP was $0.46, with a trading volume of $400 billion and a market cap of close to $19 billion. The [...]
The blockchain user adoption is starting to accelerate around the world. More and more companies are starting to recognize its potential. A new payment service provider has allegedly started using Ripple’s xRapid product to reduce the cost of cross-border transactions. SendFriend is the latest company to integrate xRapid software into its platform. The payment company, [...]
Ripple CEO Brad Garlinghouse recently had a great interview with CNBC. He is optimistic that many financial institutions will be using the Ripple network by the end of next year. According to Ripple, the XRP Ledger closes a ledger after every four seconds. This first ledger closing speed is what gives XRP its fastest settlement [...]
The Bill and Melinda Gates Foundation has announced plans to expand its partnership with the San Francisco-based blockchain startup Ripple. The new move aims at connecting unbanked individuals with payment service providers in third world countries. According to a report by the World Bank, approximately 2 billion people worldwide do not have a bank account [...]
Established in 2012, Ripple has been growing by leaps and bounds. The blockchain startup behind XRP token has found its adoption quite well among the financial and payment giants across the globe. Its native token stands a perfect bridge between the new age fintech decentralized organizations and the traditional centralized world. The high rate of [...]
There’re quite a lot of rumors out there regarding the possibility of Ripple working with swift. This buzz around the two cross-border payment service providers has intensified since Ripple’s major partner Banco Santander joined SWIFT. Banco Santander plans to use SWIFT to expand their business into other countries, including the UK, Spain, Poland, and Argentina. [...]
Banco Santander has announced that it will be using Ripple’s ledger to facilitate payments through its OnePay FX platform. The multinational commercial bank headquartered in Santander, Spain also plans to expand its Ripple (XRP)-powered OnePay FX platform to other countries. At this year’s Swell Conference in San Francisco, the CEO at Ripple Inc. Brad Garlinghouse [...]
A former U.S. Securities and Exchange Commission (SEC) member Michael Didiuk talked about Ripple (XRP). He argued that the third largest cryptocurrency by market cap is a currency rather than a security. Didiuk gave a number of reasons to support his claim. Didiuk cited the Howey (a 1946 Supreme Court case) which outlined four main [...]
According to the official tweet on October 3, Ripple-powered payment mobile application "MoneyTap" is now officially available for download. The consumer-centric service was jointly developed by Ripple Lab and Japan-based banking giant SBI Holdings. The product’s websites say that MoneyTap will utilize Ripple’s revolutionary product xCurrent to achieve domestic interbank transfers in real-time. Account holders [...]
Ripple surprised many listeners at the Swell 2018 conference in San Francisco by announcing that the company’s cross-border payment solution xRapid that utilizes XRP is now commercially available. It will go into production with three different payment service providers. Furthermore, Brad Garlinghouse stated that XRP is 1,000 cheaper and 1,000 times faster than Bitcoin. Ripple [...]
Ripple's Swell Conference 2018 kicked off yesterday with a major announcement. Ripple announced that xRapid is now commercially available and will go into production with multiple customers. The XRP price rose briefly from around 0.54 to nearly 0.60 USD after this announcement. When Ripples CEO Brad Garlinghouse hit the stage yesterday, he initially stated that Ripple [...]