Ripple is a platform designed to use blockchain solutions to enable an international network of banks, payment providers, and digital asset exchanges to seamlessly send funds across borders via RippleNet. The company aims to make cross-border payments faster, cheaper, and more reliable. Ripple owns approximately 60% of XRP, the third largest cryptocurrency digital asset by market capitalization. 60 banks are in the process of commercially deploying Ripple’s enterprise software, including Santander, Royal Bank of Canada, and Mitsubishi UFJ Financial Group.
