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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  • Ripple Faces Another XRP Class-Action Lawsuit

    A new class-action lawsuit has been filed against blockchain company Ripple and its CEO Brad Garlinghouse alleging securities laws violations regarding the sale and marketing of digital token XRP. The complaint was filed by attorney Pavel Pogodin through his company, Consensus Law, located in Isla Verde, Puerto Rico. The plaintiff is Bitcoin Manipulation Abatement LLC

  • Ripple Adds New Features to the XRP Ledger to Improve Efficiency

    Ripple has announced the addition of several new features to its platform to increase the efficiency and scalability of the whole network and also increase its use cases. XRP Ledger acts as a gateway for Ripple designed payment settlement and also facilitates the exchange of the digital token XRP. Warren Paul Anderson, Ripple Product Manager

  • Ripple Executive Suggests Coronavirus Pandemic May Cause a Shift Towards Digital Economy

    In a new episode of the Finance Magnates Blockchain Podcast, Ripple’s managing director for Southeast Asia, the Middle East and North Africa, Navin Gupta, suggested that the current coronavirus pandemic has started an increasing trend that causing a shift from traditional paper money to digital payments. According to Gupta, Ripple’s payments data demonstrates lockdowns around

  • YouTube Scam Promotes Fake XRP Airdrop

    In the last year, YouTube took a stance against crypto-related content was aggressively deleting such videos posted by even well-known video bloggers in the industry. However, despite all the efforts, YouTube apparently missed a major scam account involving crypto. On March 23, the crypto community reported a fake YouTube account impersonating Ripple CEO, Brad Garlinghouse. The account

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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