• The Ripple Drop: Digital Acceleration, Developer Communities and U.S. Policy
    In this first Ripple Drop for 2021, we explore the power of RippleNet to transform businesses, how RippleX is contributing to the XRPL community and the latest on U.S. crypto regulations.   Digital Acceleration in Pandemic Drives RippleNet Growth Asheesh Birla, General Manager of RippleNet, stopped by to provide an update on the global growth of RippleNet over the past year. In 2020 alone, over three million transactions crossed the network, with Southeast Asia leading the charge. He says 2021 ... read more
    Friday, May 7
    6 days ago
  • UBRI Welcomes First University Partners in Africa, UAE and Iceland, Drives CBDC Research Forward
    Today, Ripple’s University Blockchain Research Initiative (UBRI)—the leading university blockchain accelerator program—welcomes the University of Capetown, Reykjavik University, and New York University Abu Dhabi (NYU Abu Dhabi) to solve key challenges in financial technology and advance real-world solutions for blockchain and cryptocurrency. The three additions join more than 35 global university partners already deeply engaged in blockchain research and building new use cases for fintech. Launched in 2018, UBRI is helping to move the blockchain industry forward by providing ... read more
    Tuesday, April 27
    2 weeks ago
  • Novatti Taps ODL To Improve Australian Remittance Payments To Southeast Asia
    The current global payments infrastructure does not meet today’s business or consumer demands. Cross-border payments require businesses to hold pre-funded accounts in destination currencies — a costly and slow endeavor that ties up resources — leaving remitters with limited options.  RippleNet and its network of global financial institutions are changing the status quo. RippleNet enables hundreds of financial institutions across more than 55 countries to streamline global payments, expand into new markets and provide the best customer payments experience ... read more
    Thursday, April 15
    4 weeks ago
  • Cryptocurrency Sustainability: The Path Forward
    Addressing sustainability in fintech and crypto is more important than ever. As cryptocurrency becomes increasingly mainstream — with more financial institutions, companies like PayPal, Visa and Tesla and individual investors racing to leverage this technology — energy consumption has accelerated to already unsustainable levels.  The industry has a choice to make: Will we continue down an unsustainable path or can we work together and reduce our collective environmental impact? Last year, we partnered with Energy Web (EW) and the ... read more
    Thursday, April 8
    1 month ago
  • Mercury to Boost Remittance Time and Money Savings to South Africa Using ODL
    The shortest air mile distance between Johannesburg and London is 5,635 miles.  Historically, moving money between banks or money service providers in those two cities takes days to cover that distance. That literally means it would still be faster to put money on an airplane and physically fly it between the two cities.  International payments specialist Mercury aims to shorten that money transfer window to only minutes using RippleNet’s On-Demand Liquidity (ODL) service and the digital asset XRP.  The ... read more
    Tuesday, March 30
    1 month ago
  • Ripple Acquires 40% Stake in Asia’s Leading Cross-Border Payments Specialist, Tranglo
    Ripple has agreed to acquire 40% of Asia’s leading cross-border payments specialist Tranglo. This partnership enables Ripple to meet growing customer demand in the region and expand the reach of RippleNet’s On-Demand Liquidity (ODL) service — which uses the digital asset XRP to instantly send money and reduce working capital needs.  As a pioneer for cross-border payment services, Tranglo will play a critical role in supporting existing corridors — such as the Philippines — and introducing new ODL corridors ... read more
    Tuesday, March 30
    1 month ago
  • Announcing Brooks Entwistle: Scaling Ripple’s Momentum in SE Asia
    Ripple is thrilled to welcome Brooks Entwistle as Managing Director of Southeast Asia to lead and scale the company’s operations in our fastest growing region.  Brooks joins at an exciting time for RippleNet, which now includes Singapore-based remittance company BKK Forex, adding to Ripple’s fast growing customer base in the region like—Siam Commercial Bank, iRemit, DeeMoney and others. BKK Forex joins Ripple’s global financial network to process SME and remittance payments from Singapore to Thailand. Finance and Tech Veteran ... read more
    Thursday, March 18
    2 months ago
  • SEC Update — Preliminary Ripple Response
    Here’s the note I sent to Ripple employees today regarding Ripple’s preliminary legal response to the SEC’s complaint. Hi Ripple team, Since the SEC filed its complaint at the end of December, its side of the story has been the only one shared publicly. Our initial response was finally filed today. The “Answer” is a legal document (filed publicly) which, as the name suggests, is our official answer to the allegations in the SEC’s complaint. Although it does not ... read more
    Friday, January 29
    3 months ago
  • bKash and Mobile Money Connect Through RippleNet To Power Wallet-To-Wallet Remittances
    Today, we’re thrilled to announce our partnership with Mobile Money, a Malaysian mobile wallet company. Through RippleNet, Ripple’s global payments network, Mobile Money has connected to bKash, Bangladesh’s largest provider of mobile financial services (MFS) which serves over 45 million users. The partnership will power seamless wallet-to-wallet payments to serve the remittance corridor between Malaysia and Bangladesh.  bKash and MobileMoney will gain access to a wide range of RippleNet’s features, including wallet-to-wallet transactions. Mutual Trust Bank (MTB) will work ... read more
    Wednesday, January 13
    4 months ago
  • Accelerating Financial Inclusion Through Technology
    I believe that technology, when built and scaled right, can have a profoundly positive impact on humanity and improve people’s lives. In leading engineering teams at Amazon for 15 years, I witnessed first hand, customer focused innovations at scale that provided people with core necessities essential to how they live. With the global pandemic, it has become more apparent that we are  able to fulfill a critical role for communities around the world and help them feel secure during ... read more
    Monday, January 11
    4 months ago
  • Our Statement On Recent Market Participant Activity
    The public and press have only heard the story from the SEC’s side, and we’ll be filing our response in a few weeks to address these unproven allegations against Ripple.   The SEC’s decision to file this action is not just about Ripple, it is an attack on the entire crypto industry here in the United States. We’ve always said that there is a dangerous lack of regulatory clarity for crypto in the U.S. — their lawsuit has already affected countless ... read more
    Tuesday, December 29
    5 months ago
  • The SEC’s Attack on Crypto in the United States
    Here’s the note I sent to Ripple employees yesterday – we remain confident after reviewing the SEC’s complaint today that we are on the right side of the law and of history. Also – more reaction to today’s filing from our lawyers:  “The SEC is completely wrong on the facts and law and we are confident we will ultimately prevail before a neutral fact-finder. XRP, the third largest virtual currency with billions of dollars in trading every day, is ... read more
    Tuesday, December 22
    5 months ago
  • Our Commitment To Combating Food Scarcity With Eat. Learn. Play.
    Ripple employees help distribute food, gifts and essential resources at the 8th Annual Eat. Learn. Play Christmas with the Curry’s. Food insecurity has dramatically increased for millions of Americans in the wake of job losses, business closures and overdue rent payments brought about by the impact of the pandemic.  In the Bay Area, one in four kids is currently affected by hunger and food insecurity, including at least 18,000 children who rely on school meals for their daily nourishment. ... read more
    Sunday, December 20
    5 months ago
  • Ripple Adds Sandie O’Connor To Board of Directors
    Today, Ripple is thrilled to announce that Sandie O’Connor is joining its Board of Directors. O’Connor has over 30 years of leadership experience with a deep background in finance, treasury, capital markets and regulatory affairs. As Ripple expands its global network and continues to push for regulatory clarity in the United States, she will provide counsel on key government relations and regulatory initiatives in the company’s next phase of growth. “Sandie is extremely well-respected by her peers on Wall ... read more
    Tuesday, December 15
    5 months ago
  • Q3 2020 XRP Markets Report
    Ripple publishes the quarterly XRP Markets Report to voluntarily provide transparency and regular updates on the company’s views on the state of the XRP market, including quarterly sales updates, relevant XRP-related announcements and commentary on previous quarter market developments.  As an XRP holder, Ripple believes proactive communication and transparency are part of being a responsible stakeholder. Moreover, Ripple urges others in the industry to follow its lead to build trust, foster open communication and raise the bar, industry-wide. On-Demand Liquidity ... read more
    Thursday, November 5
    6 months ago