Ripple, the company that actively uses the world’s third-largest cryptocurrency XRP in its solutions, is having big plans ahead this year in 2020. In the latest development, Ripple said that it plans to launch its XRP-based cross-border payments systems to global markets.In the newly released XRP Market Report, Ripple said that plans to bring XRP-based international payments to companies and individuals alike. Furthermore, the blockchain startup explained that XRP provides real-time gross...
Read More »Ripple Secures Highest Funding in Blockchain Industry in 2019, Overall Funding Down
Ripple Labs, the San Francisco-based blockchain startup, secured the highest funding in comparison to other peer blockchain companies in 2019. The latest report from CB Insights shows that Ripple raised $200 million in the Series C round last year.Among the companies that follow Ripple on the list are Figure Technologies, Digital Asset and PeerNova. However, the gap between the first and second positions is significant. However, even Ripple’s $200 million is a very small amount in comparison...
Read More »Ripple Gets Two New Partners as U.S. Treasury Declares Support
All of the products being offered by Ripple regularly are drawing new partners for the blockchain company. Ripple already has an interesting list of companies that currently use different RippleNet products for their core functions. Now, two new partners, including Bottomline Technologies and Tranglo, are joining the Ripple team. In addition to this, the U.S. Treasury might be throwing its back behind the company as well.Bottomline Technologies Partners with RippleAccording to the company’s...
Read More »Ripple-Backed MoneyGram Partners with Lulu Exchange to Expand in Asian-Pacific Region
Ripple‘s partner MoneyGram, a leading payment provider, has continued to position itself among the leaders in cross-border crypto payments. After its major deal with Ripple for On-Demand Liquidity in 2019 worth $50 million, the company has now announced a new collaboration with Lulu Exchange.The exchange ranks among the most prominent crypto and non-banking finance providers in the United Arab Emirates region. Lulu has its headquarters in Abu Dhabi and operates more than 180 active...
Read More »Ripple CEO Brad Garlinghouse Believes U.S. Will Welcome Company’s Payment Solutions
Ripple Labs is currently involved in a serious legal battle, as we have already reported. However, it doesn’t prevent the company from being rather positive about its future. And there are some grounds for it.The World Economic Forum 2020 kicked-off yesterday, January 21, in Davos, Switzerland. As expected, global leaders met during the first day of the event with the U.S. Treasury Secretary Steven Mnuchin speaking on the transformation of the payments industry.Muchin said that the U.S....
Read More »Ripple CTO David Schwartz Reveals Reasons Why Ripple Needs to Keep Selling XRP
One of the most “unpopular battles” in the crypto universe is definitely one of Ripple. The efforts of the company to prove that XRP isn’t a security became a prolonged battle.This exact battle could hold the key to XRP’s future and it has been held forth again. Be it as it may, there has been a lawsuit that may present Ripple as an issuer and the seller of the coin. Do not forget, XRP is one of the largest by market cap. At the time of writing the market cap of the coin was $10,33 billion...
Read More »World Economic Forum 2020 at Davos Can See Talks on Crypto, CBDC and Stablecoins
Starting today, January 21, the annual World Economic Forum 2020 is kicking off in Davos, Switzerland, with global leaders seen participating. Like always, this will also be a four-day event going up to January 24.This year’s WEF 2020’s theme is “Stakeholders for a Cohesive and Sustainable World”. Like every year, global leaders will speak on issues of the global economy and wider participation of countries for overall sustainable growth. Besides, there will also be talks on avoiding trade...
Read More »Davos 2020 Will Have Impressive List of Speakers, Ripple CEO May Also Join
Tomorrow, the business leaders and politicians from the globe are meeting at another session of the World Economic Forum (WEF), in Davos, Switzerland.This is the 50th anniversary of the event with a theme: “Stakeholders for a Cohesive and Sustainable World.” The annual economic gathering will run from January 21 until January 24.United Kindom Prime Minister Boris Johnson will not attend the World Economic Forum in Davos, Switzerland, Downing Street said on Monday. Johnson asserted that his...
Read More »Ripple Is One of the Best Workplaces According to Fortune
Fortune loves to make different kinds of lists for any kind of topic, but this list is a rather interesting statistic. From all the business industries in San Francisco, Fortune listed 35 best workplaces in the Bay Area and Ripple is one of them. Excited to be recognized as one of @FortuneMagazine’s #BestWorkplaces in the Bay Area 2020! https://t.co/ope8KXIRDc— Ripple (@Ripple) January 16, 2020Most of the 35 companies included in the Best workplace list are Information technology companies...
Read More »Is XRP a Security? Ripple Class-Action Lawsuit May Not Settle It
The potential ruling on the ongoing Ripple class action lawsuit about XRP is important but will do next to nothing for the asset’s proper classification. Regardless of this, the XRP community – and maybe the crypto world at large – is still waiting patiently for an official end to the legal proceedings.Ripple Class-Action LawsuitIn 2018, a few XRP investors filed a lawsuit against Ripple. The litigants claimed that Ripple issued and sold XRP to them, even though it knew the asset is an...
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