Ripple provides one frictionless experience to send money globally using the power of blockchain.
Ripple Labs Inc. provides one frictionless experience to send money globally using the power of blockchain. By joining Ripple’s growing, global network, financial institutions can process their customers’ payments anywhere in the world instantly, reliably and cost-effectively. Banks and payment providers can use the digital asset XRP to further reduce their costs and access new markets.
With offices in San Francisco, New York, London, Sydney, India, Singapore and Luxembourg, Ripple has more than 200 customers around the world.
Four major financial institutions collaborate to process traditional card payments through regulated stablecoin technology, marking a milestone in blockchain adoption.
Ripple Labs secured $500 million from Fortress Investment Group and other investors, reaching a $40 billion valuation as its RLUSD stablecoin crosses $1 billion in market cap.
XRP has rebounded strongly from its key $2 support level, fueling optimism among analysts who believe the token could be gearing up for a major breakout.