News

For the millions of remitters in South Korea, speed and cost matters—time delay in payments can interfere with covering critical expenses like emergencies, tuition payments and unexpected bills. However, for many years, the remittance market in Korea was controlled entirely by large financial institutions—leading to high foreign transfer fees and costly delays. Rule changes introduced
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The XRP Ledger (XRPL) was designed to provide a robust feature set for the foundation of the digital asset XRP in addition to settling payments and exchanging digital assets of all kinds. The open source community of developers supporting innovation on XRPL continue making core improvements to the technology to ensure performance, stability, security, quality,
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Sending global payments should be easy and cost-effective. Yet, the underlying systems are complex and fragmented, leading to high foreign transfer fees and costly delays. Together with our customers, Ripple is working to solve the challenges with slow and expensive cross-border payments. Nowhere is this more important than remittance flows to low- and middle-income countries
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Global freelance marketplace goLance has no full-time employees. Instead the company is run by freelancers hired through its platform and CEO Michael Brooks spends a lot of time flying around the world meeting them along with other entrepreneurs who find work through the service. This gives him a unique insight into the needs of his
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Ripple publishes the quarterly XRP Markets Report to voluntarily provide transparency and regular updates on the company’s views on the state of the XRP market, including quarterly programmatic and institutional sales updates, relevant XRP-related announcements such as Xpring and RippleNet partnerships and commentary on previous quarter market developments. As an XRP holder, Ripple believes proactive
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Small and medium-sized enterprises (SMEs) are a dynamic force in the global economy today—especially in developing countries where SMEs contribute up to 40% of national GDPs, according to The World Bank.  The emergence of eCommerce has helped fuel this growth over the past two decades, and with it, introduced a specific set of needs among
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In June 2019, MoneyGram, one of the world’s largest money transfer companies, announced its plans to implement On-Demand Liquidity (ODL) through RippleNet. Less than six months later, MoneyGram Chairman and CEO Alex Holmes announced on stage at Swell 2019 that the company is currently moving 10% of its transaction volume through ODL between the United
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The world today is hyperconnected. With nearly 55% of the world’s population online, it’s never been easier for people to connect, engage with one another and share what’s on their mind. While this ability to exchange information has become customary, the ability to exchange value remains complex, unreliable and expensive. The second annual Blockchain in
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Not unlike the Internet’s historic impact, blockchain and digital asset technologies have the power to engender greater financial inclusion and economic growth. To realize the full potential of these technologies though, industry leaders must come together to educate policymakers on the global impact.  With this in mind, we are thrilled to announce that Ripple has
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Ripple publishes the quarterly XRP Markets Report to voluntarily provide unparalleled transparency and regular updates on the state of the XRP market, including quarterly programmatic and institutional sales updates, relevant XRP-related announcements such as Xpring and RippleNet partnerships, and commentary on previous quarter market developments. As an owner of XRP, Ripple believes proactive communication is
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The remittance industry is rapidly evolving: competition is fierce; urgency to quickly enter new markets has never been higher; and customers are demanding fast, low-cost global payments. As one of the world’s largest money transfer companies, MoneyGram is at the head of the pack—forging strategic partnerships and leveraging emerging technologies with the goal of improving
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At Ripple, we’re enabling the world to move value like information moves today. It’s this vision, known as the Internet of Value (IoV), that drives everything we do: from building our global payments network, RippleNet, to establishing initiatives like Xpring—which is helping scale innovative blockchain projects through partnership and investment.  Today, we are thrilled to
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Ripple, the leader in enterprise blockchain solutions for cross-border payments, today launched operations in Iceland to further expand its presence in Europe. In addition, the company welcomes a new team of engineers with its acqui-hire of Icelandic crypto trading firm Algrim. Ripple is on an acquisition streak—last week, the company announced its acquisition of Logos,
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The U.S.-China trade and technology war dominates today’s headlines. The struggle for economic supremacy has resulted in high tariffs and broken technology supply chains, impacting both global businesses and consumers. What can we expect as tensions increase? How will these changing geopolitics continue to impact global business, technology innovation and more?  At Swell 2019 Ambassador
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Today, we are thrilled to announce Dr. Raghuram Rajan, former Governor of the Reserve Bank of India and Distinguished Professor of Finance at the University of Chicago, and Kamal Quadir, CEO of bKash as our 2019 Swell keynote speakers. The invite-only conference—hosted in Singapore, Nov. 7-8—brings together the world’s most trusted voices across financial services,
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By CCN: ‘Reported volume’ is the default metric that people look for when determining the ranks of crypto exchanges. ‘Reported’ and ‘adjusted’ volumes wildly differ on sites like CoinMarketCap.com. For example, if you look at the image below, you’ll notice a wild difference in “reported” and “adjusted” volumes at press time. Ranking Exchanges Beyond Their
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<span data-mce-type=”bookmark” style=”display: inline-block; width: 0px; overflow: hidden; line-height: 0;” class=”mce_SELRES_start”>&#65279;</span><span data-mce-type=”bookmark” style=”display: inline-block; width: 0px; overflow: hidden; line-height: 0;” class=”mce_SELRES_start”>&#65279;</span> Welcome to Episode 11 of The Ripple Drop, a web video series covering the latest news about the company’s customers, technology, products and culture. This month we’re focusing on Ripple strategy around the globe,
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Southeast Asia has a well-deserved reputation as a cradle of payments innovation today. At a recent Ripple Regional event in Bangkok, Kapronasia’s Zennon Kapron provided a crisp overview of the factors driving this rapid evolution. He pointed to the shift to digital payments, the rise of real-time infrastructure, the emergence of payments-as-a-platform and an impending
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Today, we’re excited to announce a $1 million grant to Tipping Point to fight poverty in the Bay Area and help individuals and families struggling to meet their basic needs. As a global company, Ripple is committed to creating positive change worldwide. Last year, we launched Ripple for Good to support mission-driven organizations and initiatives
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