● Active Currency Payments

XRP / Ripple

XRP

XRP is the native asset of the XRP Ledger, designed for fast, low-cost international payments. Ripple Labs uses XRP to facilitate cross-border transactions for banks and financial institutions. It has been at the centre of a landmark SEC lawsuit.

Quick Facts
Launched 2012
Founders Chris Larsen, Jed McCaleb, Brad Garlinghouse
Origin USA
Consensus Federated Byzantine Agreement
Max Supply 100,000,000,000
Views 1
$1.4300 -0.19% Live
Mkt Cap$88.29B
24h Vol$2.30B
Full market data →

XRP is the native asset of the XRP Ledger, designed for fast, low-cost international payments. Ripple Labs uses XRP to facilitate cross-border transactions for banks and financial institutions. It has been at the centre of a landmark SEC lawsuit.

#Payments #Banking #Cross-Border #Pre-mined
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2012
XRP Ledger launches; Ripple Labs founded
2014
Jed McCaleb departs, later founds Stellar
2018
XRP briefly becomes second-largest crypto by market cap
2020
SEC files $1.3B lawsuit against Ripple Labs
2023
Judge rules XRP programmatic sales not securities — partial Ripple victory

Cross-border payments, banking settlement, remittances

💡 Did You Know
XRP transactions settle in 3–5 seconds and cost fractions of a cent — far faster and cheaper than Bitcoin
⚠ Controversies & Red Flags
The SEC sued Ripple in 2020, alleging XRP is an unregistered security. A partial court victory in 2023 declared programmatic XRP sales not securities.