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.
Ripple Labs has partnered with BNY Mellon to manage RLUSD reserves, aiming for trust and wider adoption as stablecoin interest grows
Ripple Labs recently unlocked 500 million XRP from escrow to complete an earlier release of 500 million tokens.
Backed by AMINA Bank and with over $440 million in circulation, RLUSD is becoming a serious player in the stablecoin industry.