Ripple News

Ripple is a real-time gross settlement system, currency exchange and remittance network created by Ripple Labs Inc., a US-based technology company.

Welcome to the Ripple news page on BTC Alerts – Here you will find a selection of articles on Ripple sourced from some of the biggest Ripple news resources. 

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  • EDF Group’s Subsidiary Exaion Is Set to Join Tezos Ecosystem as a Corporate Baker

    The French multinational electric utility firm EDF Group’s new subsidiary known as Exaion has become a corporate baker of the Tezos ecosystem. Specialized in high-performance cloud computing and blockchain solutions, this subsidiary of EDF Group will soon become a part of Tezos as a corporate baker. Reducing energy consumption through baking on Tezos According to The post EDF Group’s Subsidiary Exaion Is Set to Join Tezos Ecosystem as a Corporate Baker appeared first on Ripple Coin News.

  • Brad Garlinghouse Says If Ripple Leaves U.S. It May Shift Into Japan or Singapore

    Brad Garlinghouse, the Chief Executive Officer (CEO) of the blockchain payment technology company Ripple has said in an interview with Bloomberg on October 21, 2020, that they have shortlisted two most likely destinations Japan and Singapore where they may shift their headquarters once they leave the United States. Ripple may be moving into Japan or The post Brad Garlinghouse Says If Ripple Leaves U.S. It May Shift Into Japan or Singapore appeared first on Ripple Coin News.

  • Central Bank of The Bahamas Officially Launches its Central Bank Digital Currency Sand Dollar

    The first Central Bank Digital Currency (CBDC) in the world has been issued by the central bank of The Bahamas. As per an announcement, Sand Dollar which is the centralized digital currency of The Bahamas has been officially launched by its central bank on October 20, 2020. The first country to officially launch a CBDC The post Central Bank of The Bahamas Officially Launches its Central Bank Digital Currency Sand Dollar appeared first on Ripple Coin News.

  • “I Don’t Think There is Going to be One World Fiat Currency Any Time Soon” Says Ripple CTO

    David Schwartz the Chief Technical Officer (CTO) at the blockchain payment tech company Ripple has said in a tweet that the world is not going to have just one fiat currency any time soon. He is of the view that no single asset is going to rule all of the other assets. Recently, David Schwartz appeared The post “I Don’t Think There is Going to be One World Fiat Currency Any Time Soon” Says Ripple CTO appeared first on Ripple Coin News.

XRP mini blog

Ripple says ‘more than two dozen’ customers use its payments solution that leverages XRP

Blockchain payments firm Ripple has said that “more than two dozen” customers use its On-Demand Liquidity (ODL) solution, which leverages XRP cryptocurrency to settle cross border payments.

Some of these customers include money transfer firms MoneyGram, Viamericas and FlashFX, online workforce platform that connects employers with freelancers goLance, and financial services provider Interbank Peru, among others, Ripple announced Wednesday.

Ripple’s ODL payments solution was commercially launched last year, and there have been “more than 7x the number of transactions using ODL from the end of Q1 to the end of October,” said the firm.

ODL currently supports Mexico, the Philippines and Australian markets. Ripple said support for Brazil is “coming soon,” as well as additional corridors across Asia-Pacific (APAC), Europe, Middle-East and Africa (EMEA) and Latin America (LatAm) are in progress for 2020.

Ripple’s other solution, RippleNet, which does not leverage XRP by default but customers have an option to use it, has seen “10x year-over-year growth in transactions.” Overall, Ripple’s customers have crossed the 300 mark, per the announcement.

“This year has been our strongest for Ripple yet. In 2019 we’ve seen continued momentum with customers, growth of RippleNet and adoption of On-Demand Liquidity,” said Brad Garlinghouse, CEO of Ripple.

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