XRP offers financial institutions the fastest, most reliable option for
sourcing liquidity on demand.
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.
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 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 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 XpringThe 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.
Payments moving across the XRP Ledger settle in 4 seconds.
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
Run by a decentralized network of 150+ validators globally.
Establishedin
2012
Negligible
energy consumption
All ledgers closed
without issuessince inception
Dedicated team of
world-class engineers
XRP’s seven-year track record of stable technology and governance makes it ready for institutional and enterprise use.
The XRP Ledger settles XRP transactions instantly without the energy costs associated with proof of work (or mining).
Settlement Speed (Seconds)
Settlement Speed (Seconds)
Settlement Speed (Seconds)