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Why Ripple?

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R 35,39

As of December 10th 2025, 2:18 pm

Ripple is a company that develops global payment systems using blockchain technology. XRP is a digital asset that runs on the XRP Ledger (XRPL), which is a public and decentralized blockchain created by Ripple in 2012. XRP’s main purpose is to improve the efficiency and speed of cross-border payments by acting as a bridge between different currencies and financial institutions. XRP does not require mining, which means it consumes less energy and resources than other blockchains. XRP is also fast, settling transactions in 3-5 seconds, and low-cost, charging an average fee of $0.0002 per transaction.

XRP can be used by anyone for various reasons, such as sending remittances, accessing alternative banking services, or building applications on the XRPL. The XRPL is open-source, permissionless and carbon-neutral, making it a powerful and sustainable platform for innovation. Ripple uses XRP and XRPL to offer solutions for financial institutions, central banks and developers who want to leverage the benefits of blockchain technology.

Performance

↓ 21% over the last year...

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