![]() ![]() Ripple came into existence later, although its name changed multiple times before becoming known as Ripple. The XRP Ledger and its native XRP asset went live in 2012. Two years later in 2011, Jed McCaleb, Arthur Britto and David Schwartz - a trio of builders - embarked on a path toward the formation of a separate payments-focused digital asset that would further the concepts seen in Bitcoin. XRP’s originsīitcoin ( BTC) came into existence in 2009 as a method of value transfer unlike anything before it - a borderless web-based asset needing no intermediaries. This essentially makes it possible for entities to transact across borders, with each involved party receiving its native currency.Ĭointelegraph’s XRP Price Index shows XRP’s price live today, as well as its price history and other data. Ripple uses XRP as part of its On-Demand Liquidity (ODL) solution (a component of its RippleNet ecosystem) to connect dissimilar assets. Companies or platforms can incorporate the asset into their processes or use the coin by itself, while individuals can also send and receive XRP. The asset was constructed as a solution to improve payments across the world. XRP is a borderless coin running on the open-source XRP Ledger blockchain. Ripple does, however, utilize XRP and the XRPL in some of its solutions. According to Ripple, XRP and its underlying XRPL blockchain are separate from the technology company - which is focused on improving the payments landscape worldwide. Throughout the crypto industry, participants sometimes refer to the XRP coin as Ripple, or they may see XRP and Ripple (the company) as the same thing. XRP is the asset of the XRP Ledger (XRPL) blockchain. ![]()
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