1/ The stablecoin market is booming – around $150B today, and projected to soar past $2.8T by 2028. There's a clear demand for trust, stability, and utility.
That's why later this year we’re launching a stablecoin pegged 1:1 to the USD on the XRP Ledger and Ethereum.…
Success happens through change, not chance. That’s why we’re empowering innovative finance leaders to change the way they do finance and drive business advantage with crypto. Who’s joining us?
#CryptoMeansBusiness
After nearly 3 years, the Court’s July 13 decision delivered a landmark win for Ripple and the entire U.S. crypto industry: XRP is not a security.
Progress is worth fighting for.
Here at Ripple, we’re building faster, more transparent, sustainable and efficient financial solutions for everyone –
#blockchain
technology solutions that will help put trillions of dollars in trapped capital back to work.
#IoV
@nathanielpopper
Over the last few months I’ve spoken with ACTUAL banks and payment providers. They are indeed planning to use xRapid (our XRP liquidity product) in a serious way. This is a sampling of what I heard:
Today, we were proud to release our vision for 'A Real Approach to Cryptocurrency Regulation', a framework designed to offer an immediate and pragmatic approach to cryptocurrency and digital asset regulation in the United States.
It’s official: Ripple is now fully licensed to provide digital payment token services in Singapore by
@MAS_sg
! Ripple is committed to delivering real-world crypto solutions for businesses in APAC.
Learn more:
We’re excited to announce Egypt’s largest bank
@NBE1898
is on
#RippleNet
, connecting with
@LuLuExchange
to process cross-border payments from UAE to Egypt. Learn more about the partnership here:
Today, the Dubai Financial Services Authority (DFSA) approved XRP under its virtual assets regime – allowing licensed firms in the Dubai International Financial Centre (
@DIFC
) to incorporate XRP into their virtual asset services.
Learn more:
BREAKING:
@Ripple
will never ask you to send us XRP. Ever.
Neither will Brad, David, Monica, Stu, or anyone from Ripple.
Learn how to protect yourself from scams:
🎤 We’re incredibly excited to launch our $250 million Creator Fund to enable creators to explore new use cases for
#NFTs
on the
#XRPLedger
and engage more deeply with the communities they care about.
Global
#crypto
liquidity is able to support massive payments at scale – it's the lifeblood of crypto.
Ripple Liquidity Hub will allow enterprises to source, trade, move and manage value from a variety of liquidity venues.
Coming 2022.
#RippleSwell
Ripple stands with Ukraine against the Russian invasion. Today, we're donating $1M shared between
@refugees
and
@WCKitchen
to bolster their incredible efforts helping displaced people in Ukraine and neighboring countries. 🇺🇦
🇧🇹 Announcing our partnership with the Royal Monetary Authority of Bhutan, which will use Ripple’s CBDC solution to pilot a digital Ngultrum!
Read more:
Our strong momentum in the Middle East continues with Oman’s second largest bank
@BankDhofar
joining
#RippleNet
to enhance the cross-border payments experience from Oman to India.
Read more about the new partnership:
🇬🇧We're excited to be a founding member of
@DigitalPoundFDN
to support the design and implementation of a digital£, with
@SS_Friedman
, our Head of Policy, joining the board.💷
🇶🇦We're excited to partner with
@QNBGroup
to provide an enhanced cross-border payments experience in Qatar and ultimately scale QNB's remittance service on RippleNet into additional markets. Read more via
@pymnts
:
By 2024, at least 50% of the world's population is expected to use digital wallets for transactions, valued at over $9 trillion annually. 🌎
Our whitepaper explores how Central Banks can utilize
#CBDCs
to take advantage of this growth.
Today, we announce a partnership with the National Bank of Georgia (NBG) on the Digital Lari (GEL) pilot project. The pilot will leverage Ripple’s award-winning
#CBDC
Platform to evaluate practical use cases & benefits for the public sector & businesses.🇬🇪
We're excited to partner with GME Remittance to accelerate and scale payments from South Korea into Thailand, building on the RippleNet momentum in APAC where transactions are growing 130% year-over-year.
Ripple is piloting a private version of the open-source, public
#XRPL
that allows Central Banks to create and manage a digital currency—enabling global interoperability. Get involved today.
xRapid is going into commercial production.
@mercury_fx_ltd
,
@Cuallix
and Catalyst Corporate Federal Credit Union will be the first to make on-demand cross-border payments on RippleNet using
#XRP
.
We’re thrilled to announce that our On-Demand Liquidity (ODL) solution is expanding via our partnership with
@MFS_Africa
!
Africa holds 70% of the world's $1T mobile money value, and ODL will further enhance digital payment rails across the continent.
Today, we’re excited to announce that Ripple has signed a deal to acquire
@StandardCustody
, strengthening our product offerings and adding to our growing portfolio of regulatory licenses around the world. Learn more about our latest acquisition:
Today, we are announcing intent to acquire Fortress Trust, part of the
@Fortress_io
suite of companies. Fortress Trust’s financial and regulatory infrastructure complements and expands Ripple’s comprehensive portfolio of blockchain solutions for finance.
We’re proud to announce that our partner
@Onafriq
will utilize Ripple Payments, our crypto-enabled payments technology, to open up three new payments corridors between Africa and the rest of the world. 🌍
Learn more:
Introducing Ripple Payments—the next evolution of Ripple’s payments product delivering a licensed end-to-end solution for FIs and SMEs with 70+ payout markets, expanded crypto liquidity options, integration with the XRP Ledger DEX, and much more.
We’re excited to announce
@NovattiPayments
is leveraging RippleNet’s ODL service and
#XRP
for instant, cross-border payments from Australia to SE Asia. Read more about the partnership:
We’re happy to announce Cambridge Global Payments
@cambridge_fx
is using $XRP in an
#xRapid
pilot to provide its 13,000 global customers with faster, cheaper and more transparent cross-border payments.
We’ve noticed an increase in fraudulent accounts claiming to be
@Ripple
or members of the Ripple Team offering giveaways.
Be on alert - they are not official accounts.
We're proud to partner with
#sustainability
leaders across sectors to help us reach our goal of reaching carbon net zero by 2030. Learn about our strategic partnerships and how we're investing in sustainability as a company.
We're continuing to engage with central banks globally on technical and policy issues related to
#CBDCs
.
#ICYMI
: One such project includes supporting the design & implementation of a digital Pound in the UK w/
@digitalpoundfdn
. Details here.
We’re honored to obtain In-Principle Approval of a Major Payments Institution License from the
@MAS_sg
– allowing us to offer regulated digital asset products and services, and scale customer use of
#ODL
. 🇸🇬
Learn more:
Central Bank digital currencies (
#CBDCs
) will be one of the defining transformations in the history of money. Like this post if you agree, then download our free report to learn more.
Announcing Ripple Liquidity Hub – a new way for enterprises to easily and efficiently source and utilize tokenized assets from the broader crypto market. Read more:
#RippleSwell
An industry defining milestone: together,
@MoneyGram
and
@Ripple
are solving the challenges with cross-border payments using the speed and efficiency of
#XRP
.
Traditional global payment systems are far from efficient. In this video, CEO
@BGarlinghouse
details how we're removing barriers for
#crypto
in business.
#CryptoMeansBusiness
Click play. ▶️
Welcoming two new ODL partners today!
@LemonWay
as our first ODL partner in France & Xbaht as our first ODL partner in Sweden! 🇫🇷🇸🇪
Together, we’re making it easier for consumers and businesses in these regions to make real-time payments around the world.
We’re proud to be named on this year’s
#Fintech250
again, released today by
@CBInsights
! It’s an honor to be included alongside these innovative companies.
In 2 years, the on-demand work industry will be a $455 billion market. But today, getting paid is still a challenge for freelancers because of legacy payment systems.
By partnering with Paydek, we'll help workers in LATAM and Africa get paid in realtime.
We’re honored to be added to the
@centralbank_ie
’s list of registered virtual asset service providers – allowing us to provide digital assets services within Ireland. 🇮🇪
Learn more:
We’re excited to join the Digital Euro Association as a supporting partner to further develop our work with
#CBDCs
!
This is one part of our larger goal to develop and deliver global solutions for CBDCs and stablecoins through our
#blockchain
and
#crypto
expertise.
#ICYMI
: We announced plans to launch our Liquidity Hub in 2022 to help financial services firms offer their customers the ability to buy and sell
#cryptocurrencies
.
@CNBC
shares the details here:
A huge shift in finance is underway. More than 80% of global finance leaders expect to begin using crypto in their business in the next three years.
Download the 2023 New Value Report to understand how to unlock the power of blockchain for your business.
The Republic of Palau is partnering with Ripple to pilot a USD-backed stablecoin on the
#XRPLedger
.
Learn about the benefits for citizens and merchants and how the Ripple
#CBDC
Platform will be leveraged in this next phase of the Palau
#stablecoin
pilot.
Bom dia! Brazil is open for Ripple’s On-Demand Liquidity with Travelex—our first LATAM bank partner—and the first bank approved by the Central Bank of Brazil to operate exclusively in FX. We’re excited to bring crypto-native solutions to 🇧🇷
We're excited to hear that the concept of a digital dollar is being taken seriously, & appreciate the Fed’s openness to hearing from the public on this issue. We believe that public-private collaboration is the best way to ensure fully informed outcomes.
The day has finally arrived!
@BGarlinghouse
will soon be kicking off
#RippleSwell
Global in London surrounded by our esteemed speakers, valued customers, and riveting discussions on the latest in
#crypto
.
Check back in for updates you won’t want to miss!
We are committing $1M in XRP to support NGOs providing earthquake relief in Turkey and Syria - through a relief fund on
@crypto4charity_
and are donating $250k USD in XRP and will also match 2:1 all crypto donations here, up to $750k USD.
200+ financial institutions are leveraging RippleNet to make international payments faster, lower cost and more transparent. Learn more about our newest RippleNet customers here:
As the year comes to a close, we want to express gratitude to our partners, customers, and you, our community, for your support.
From all of us at Ripple, wishing you a season of joy, and a remarkable road ahead in 2024! ⭐️
“Our new partnership with Uphold enables us to enhance our underlying infrastructure and Uphold’s deep liquidity expertise further underpins Ripple’s ability to offer fast and flexible cross-border payments around the world. We see this as the start of our relationship and are…
Over 80% of Central Banks are actively exploring some form of sovereign-backed digital currency. Learn how blockchain technology can help Central Banks around the world achieve their unique CBDC goals.
Today, we are proud to announce Ripple has acquired
@metaco_sa
, becoming the sole shareholder of the Swiss-based provider of digital asset custody and tokenization technology.
Learn more:
Did you know that we're piloting technology for Central Banks to issue and manage CBDCs? In case you missed it, read how
#CBDCs
can provide Central Banks with a flexible, secure solution for exploring digital currencies.
With instant settlement, 24/7/365 availability, and excellent transparency throughout the payment process, crypto can be a powerful tool for global businesses.
In one minute, Ripple's Aaron Sears explains how crypto helps treasury management.
2022 is going to be a big year for
#crypto
. Ripple leadership predicts:
- Crypto payments to dramatically grow
-
#NFTs
to go mainstream
- Regulators to step :up:
- The onset of the multi-chain:chains: future
Dig deeper here ⤵️
Financial institutions around the world are partnering with
#RippleNet
to deliver a better cross-border
#payments
experience. Take a look at their success stories here.
The recent court ruling has sparked a surge in excitement around Ripple.
Beware of scam Ripple accounts or fake executive accounts promoting "XRP Giveaways" or "XRP Airdrops". 🚨🚨🚨
Remember, Ripple and its executives will NEVER ask you to send funds anywhere.
A lot of scammers are taking advantage of the recent good news to try to cheat and steal. There are no airdrops, giveaways, or special offers associated with this ruling.
As thanks for your support, we are giving away a limited-edition, XRP Ledger 5-year anniversary shirt. Watch this thread for 3 spontaneous giveaways throughout the day.
As a SOC 2 certified company, financial institutions planning to adopt
#RippleNet
can do so with the confidence that Ripple has an industry-leading seal of approval when it comes to meeting modern security and privacy needs. Learn about our certification.
Cross-border payment flows are estimated to reach $156T in 2022. Companies can benefit from faster, cheaper, more efficient crypto-enabled payments across industries and use cases.
🇵🇭Mabuhay! We’re excited to announce the expansion of our partnership with I-Remit in the Philippines.
As one of the earliest adopters of
#ODL
, I-Remit is expanding their use of ODL to improve their internal treasury management.
Learn more:
CEO
@bgarlinghouse
joined
@CNBC
Crypto World to recap the latest in the SEC v. Ripple lawsuit, recent U.S. regulatory action and what’s next for Ripple’s growth plans. Check out the full interview here:
🇵🇭 We’re excited to share that since establishing our partnership in March,
@Tranglo
has launched its first
#ODL
service in the Philippines, with plans to introduce more corridors in the coming months.
We are honored to announce that Ripple has been recognized by Juniper Research in their prestigious Future Digital Awards for Fintech & Payments 2023:
🥇 Sustainability in
#Fintech
Innovation of the Year
🥇 Platinum Award for
#CBDC
Innovation
Learn more:
Digital currency adoption is on the rise as governments around the world push for contactless payments.
Explore how central banks can rise up to meet these needs in the post-Covid future.
#CBDCs
have the power to unleash the next wave of financial inclusion & innovation. Are you ready for the new era of finance?
Discover how CBDCs could allow policymakers to design customized and precise support options for individuals & communities.
Five new financial institutions have joined RippleNet and will use xCurrent or xVia to strengthen emerging markets access into India, Brazil and China.
For those asking us about the recent price fluctuation,
@coinmarketcap
has excluded Korean exchanges from their pricing averages. This change applies to all of their listed digital assets, not just $XRP.
Coinmarketcap's decision to exclude Korean prices from the displayed XRP price made the price appear to drop, likely triggering some panic selling. Look closely at the data and don't be mislead.