Ripple
CompanyRipple Labs, Inc., known as Ripple, is an American technology company which offers enterprise blockchain products on the XRP Ledger and other networks. The company was founded in 2012 and is based in San Francisco, California. It was established as NewCoin in September 2012, renamed OpenCoin the following month, and adopted the name Ripple Labs in 2013. In October 2015, it shortened its public-facing brand to Ripple. The company uses the cryptocurrency XRP and its U.S. dollar-backed stablecoin, Ripple USD (RLUSD), to support cross-border payments and liquidity provision.
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Facts
- Country
- United StatesSource: Wikidata
- Founded
- 2012Source: Wikidata
- Founded by
- Chris Larsen, Jed McCalebSource: Wikidata
- CEO
- Brad GarlinghouseSource: Wikidata
- Headquarters
- San FranciscoSource: Wikidata
- Sector
- Software industrySource: Wikidata
- Official website
- ripple.comSource: Wikidata
- Wikipedia
- Read on WikipediaSource: Wikidata
Also known as
- Ripple LabsCoinBriefDaily catalogue
Security timeline
- In the news by CoinDeskUS moves to seize $1.2 billion in crypto stolen in North Korea-linked Binance hack
- In the news by U.TodayRipple's RLUSD Grows to Seventh-Largest Stablecoin by Market Cap
- In the news by U.TodayRipple's RLUSD overtakes PayPal's PYUSD by market capitalisation
- In the news by U.TodayRipple Tops Monthly Stablecoin Market Growth, Overtaking Ethena
Recent news
US moves to seize $1.2 billion in crypto stolen in North Korea-linked Binance hack
The US Department of Justice has secured court authorisation targeting more than $1.2 billion of crypto stolen from Binance, which it attributes to North Korea-linked hackers. Around $2.7 billion in related funds has been frozen by Tether, Ripple, Circle, World Liberty Financial and Arbitrum, and the DOJ also seized cloud infrastructure and 900 webcam videos tied to the separate FaceStealer scheme, which reportedly stole over $400 million in 18 months. North Korea has denied any involvement, with Kim Yo Jong calling the allegations a political provocation.
Ripple's RLUSD Grows to Seventh-Largest Stablecoin by Market Cap
Ripple's native stablecoin RLUSD has posted substantial growth in market capitalisation and now ranks seventh among stablecoins by that measure. The article gives no further detail on the figures or drivers.
Ripple's RLUSD overtakes PayPal's PYUSD by market capitalisation
Ripple's RLUSD stablecoin has overtaken PayPal's PYUSD on market capitalisation, reaching $2.71 billion. The article credits growing institutional adoption and major exchange integrations for its rapid expansion.
Ripple Tops Monthly Stablecoin Market Growth, Overtaking Ethena
Ripple has regained first place from Ethena in monthly stablecoin market growth, with a gain of $258.2 million over the last month. The article does not say which stablecoins drove the increase.
Ripple's lending protocol on XRPL nears launch with 22 of 35 validators backing it
Ripple's bank-style lending protocol on the XRP Ledger (XRPL) is close to launch, with 22 of 35 validators backing it. The article suggests XRP holders could soon earn native yield.