Ripple cryptocurrency. The history of creation, the principle of operation, the main features
17.09.2022 | mnalilovich
Founded in 2012 as OpenCoin, Ripple Labs is a software company developing the XRP cryptocurrency and distributed ledger technology, as well as a set of payment protocols to facilitate cross-border settlement for financial institutions.
XRP functions as the bridge currency at the heart of Ripple’s liquidity and exchange product, xRapid, which provides a medium for financial institutions to make global transfers between various fiat currencies.