In the early 2010s, when Bitcoin was still young and Ethereum hadn't yet launched, a bold idea was born: create a cryptocurrency that could revolutionize cross-border payments — one that could be fast, affordable, and scalable for financial institutions. That idea became XRP, the digital asset behind the Ripple protocol.
💡 The Beginning
Founded in 2012 by Chris Larsen and Jed McCaleb, Ripple aimed to solve a real-world problem — the outdated and expensive global payment systems like SWIFT. They envisioned a future where money could move like information — instantly and globally.
🚀 The Power of XRP
Unlike Bitcoin, which takes minutes to confirm transactions, XRP transactions settle in just 3-5 seconds.
It can handle 1,500 transactions per second with minimal energy use and extremely low fees.
That made it attractive to banks, remittance providers, and financial networks looking to modernize their infrastructure.
🏦 Adoption by Institutions
Ripple partnered with over 300+ financial institutions globally, including major banks and payment providers. XRP became the bridge currency in RippleNet's On-Demand Liquidity (ODL) solution — eliminating the need for pre-funded nostro accounts.
#xrp #SpotVSFuturesStrategy #OneBigBeautifulBill #REX-OSPREYSolanaETF #BigTechStablecoin