Ripple XRP: From History To Impending Launch [Learning & Insights Guide]
Ripple has been around since 2012 and its mission is to connect banks and payment providers through blockchain technology.
The company is working to integrate XRP (Ripple) into the global financial system to make transactions faster and cheaper.
The company was founded by Chris Larsen (co-founder) and Jed McCaleb (co-founder). They started out as Ripplepay, which was later renamed Opencoin before being acquired by Ripple Labs Inc. based in San Francisco, a wholly owned subsidiary of Ripple, acquired in 2013.
Ripple is also known for its xRapid product, which allows banks to speed up international payments without sacrificing security or costs. The company also offers XRP as an alternative to fiat currencies such as USD, GBP, EUR and JPY.
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