Ripple – XRP
BANKS
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Using XRP, banks can source liquidity on demand in real time
without having to pre-fund nostro accounts.PAYMENT PROVIDERS
Payment Providers use XRP to expand reach into new markets, lower foreign exchange costs and provide faster payment settlement.
Fast
Payments settle in 4 seconds.
Scalable
XRP consistently handles 1,500 transactions per second, 24×7, and can scale to handle the same throughput as Visa.
XRP Price and Volume
For more metrics, see XRP Market Performance.
Overview
Ripple 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 100 customers around the world.