Ripple
The bigger picture on Ripple
A dedicated space for company developments, payments, partnerships and the role of XRP. Read sourced articles on the company and its place in the ecosystem.
COMPANY, PRODUCTS, EVIDENCE
Ripple is one part of a wider ecosystem.
Ripple is a financial-technology company. XRP is a digital asset, and the XRP Ledger is the public network where XRP exists. The names share history, but they do different jobs.
Ripple builds payment and liquidity products. Some have used XRP; others do not need it. The useful question is therefore specific: which product, on which route, with what evidence of use? A logo on a press release cannot answer all three.
Company
Ripple has its own products, customers, employees and commercial interests. Holding XRP does not provide ownership in Ripple.
Payments
A payment product may change how value moves or where liquidity sits. The complete route still needs counterparties, usable local funds and reliable operations.
Evidence
An announcement establishes what a company said on a date. Production use, duration and scale require their own supporting records.
FROM THE EDITORIAL LIBRARY
Understand Ripple in context
Published explainers on the company, payment routes, XRP liquidity and Ripple USD.
GuideRipple
XRP, Ripple and XRPL: three different things, three different questions
A company announcement, a network application and a digital asset have different economics. Keeping them separate makes adoption claims easier to evaluate.
GuideEcosystem
What is XRP? The economic case for a bridge asset
Moving value between currencies requires willing buyers, sellers and usable liquidity. XRP offers one route, whose usefulness depends on the whole transaction.
GuideAdoption
Can XRP replace nostro accounts? Follow the liquidity
A bridge asset may change where payment liquidity sits. It does not remove the need for local money, counterparties or a reliable route to the recipient.
GuideRegulation
Stablecoins: look at the promise behind the token
A token designed to track a dollar still depends on reserves, redemption and operational arrangements. RLUSD provides one example of the questions to ask.
FROM THE REVIEWED TIMELINE
Ripple milestones
Company events and legal records, linked to the reviewed timeline and their primary sources.
- Ripple
The company now called Ripple is formed
Chris Larsen joined the ledger's founders to start NewCoin, soon renamed OpenCoin and later Ripple Labs and Ripple.
Read the sourced milestone - Ripple
Ripple confirms 55 billion XRP placed in escrow
Ripple said it had locked 55 billion XRP into a series of on-ledger escrows with scheduled monthly releases.
Read the sourced milestone - Payments
Ripple announces xRapid commercial availability
Ripple announced that its XRP-based liquidity product was commercially available and named MercuryFX, Cuallix and Catalyst Corporate Federal Credit Union as customers moving toward production use.
Read the sourced milestone - Regulation
Court issues a split summary-judgment ruling
The Southern District of New York found Ripple's institutional sales were unregistered offers and sales of investment contracts, while the programmatic sales and other distributions at issue were not.
Read the sourced milestone - Ripple
Ripple USD becomes available on exchanges
Ripple launched RLUSD, a U.S. dollar-denominated stablecoin issued on XRPL and Ethereum, through an initial group of trading platforms.
Read the sourced milestone - Regulation
SEC and Ripple dismiss their appeals
The SEC and Ripple filed a joint stipulation dismissing the appeal and cross-appeal, resolving the federal civil enforcement action.
Read the sourced milestone