XRP: The Best Digital Asset for 

Global Payments

XRP offers financial institutions the fastest, most reliable option for
sourcing liquidity on demand.

Learn About On-Demand Liquidity

What Is XRP?


XRP is a digital asset built for payments. It is the native digital asset on the XRP Ledger—an open-source, permissionless and decentralized blockchain technology that can settle transactions in 3-5 seconds.

XRP can be sent directly without needing a central intermediary, making it a convenient instrument in bridging two different currencies quickly and efficiently.

How Is XRP Used?


Faster, less costly and more scalable than any other digital asset, XRP and the XRP Ledger are used to power innovative technology across the payments space.

Ripple is focused on building technology to help unleash new utility for XRP and transform global payments. Third parties are also pursuing other XRP-related use cases.

RippleNet

RippleNet customers can use XRP for sourcing liquidity in cross-border transactions, instead of pre-funding—ensuring instant settlement, lower exchange fees and more efficient use of working capital.

Learn About RippleNet

Xpring

Xpring is Ripple’s open developer platform for money. Through Xpring projects, developers leverage XRP and its underlying technology in use cases from micropayments, to e-commerce to exchanges and peer-to-peer services.

Learn About Xpring












XRP and the XRP Ledger are open-source technology that anyone can build on. To get started, learn more at
XRPL.org.


Get Technical With XRP




How Does the XRP Ledger Work?


The ledger is maintained by independent participants of a global “XRP Community,” of which Ripple is an active member.

Independent validator nodes come to an agreement on the order and validity of XRP transactions. This agreement, called consensus, serves as final and irreversible settlement. The ledger reaches consensus on all outstanding transactions every 3-5 seconds, at which point a new ledger is issued. Anyone can be a validator, and active validators on the ledger today include universities, exchanges and financial institutions. There are currently 36 validators, and Ripple runs 6 of them—16%.

Interested in running a validator? Learn how to get started here.

Benefits of XRP in Payments


Fast



Payments moving across the XRP Ledger settle in 4 seconds.

Scalable


XRP consistently handles 1,500 transactions per second, 24x7, and can scale to handle the same throughput as Visa.*

*Source: 65,000+ transactions per second, as of July 15, 2019

Distributed



Run by a decentralized network of 150+ validators globally.




Establishedin
2012

Negligible
energy
consumption

All ledgers closed
without issues
since inception




Dedicated team of
world-class engineers

Stable


XRP’s seven-year track record of stable technology and governance makes it ready for institutional and enterprise use.

Eco-Friendly


The XRP Ledger settles XRP transactions instantly without the energy costs associated with proof of work (or mining).

XRP Metrics


3.91



Settlement Speed (Seconds)

$0.0000439



Settlement Speed (Seconds)

1,500



Settlement Speed (Seconds)

More XRP Market Metrics