Ripple: Founded in 2012, Ripple focuses on transforming global payments through its blockchain-based solutions. Its flagship product, RippleNet, connects banks and payment providers, enabling faster, cheaper cross-border transactions compared to traditional SWIFT systems. At the core is the XRP Ledger, a public, permissionless blockchain that supports rapid settlement in seconds with minimal fees. Ripple’s technology reduces reliance on correspondent banking, improving liquidity management. The company faces regulatory challenges, particularly with the SEC over XRP’s classification, but maintains strong international adoption. Ripple emphasizes real-time gross settlement and currency exchange. Its solutions appeal to financial institutions seeking efficiency and scalability. Ripple continues to expand its network and advocate for clear crypto regulations, positioning itself as a key player in modernizing global financial infrastructure.
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