XRP / USD
What Is XRP?
Ripple is a fintech company building payment infrastructure for the global financial system. Founded in 2012, Ripple operates RippleNet — a network of 300+ financial institutions that use Ripple's technology for cross-border settlements. XRP is the native digital asset of the XRP Ledger (XRPL), an open-source, decentralized blockchain that settles transactions in 3–5 seconds with near-zero fees.
XRP is purpose-built as a bridge currency: instead of locking up capital in pre-funded nostro accounts across dozens of corridors, financial institutions can use XRP through On-Demand Liquidity (ODL) to source liquidity on the fly — converting from one currency to XRP and back to another currency in seconds.
ISO 20022 is the global financial messaging standard that became mandatory for SWIFT transactions in 2025. XRP and the XRPL are ISO 20022 compliant, meaning the rich data payloads banks now require can be transmitted alongside settlement — a key reason major institutions are integrating XRPL infrastructure rather than legacy rails.
Known Partnerships
300+ total institutions. Selected highlights below.
Major Acquisitions
Institutional crypto custody infrastructure
NY trust charter for institutional services
Prime brokerage and clearing firm
XRP & Ripple News
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