“Ever need to send money to another country? Why is it possible to instantly send a message — but with payments, it’s sometimes faster to board a plane and fly it there yourself?”
In a world where three billion people are connected online, cars drive themselves and appliances can communicate, global payments are still stuck in the disco era.
Why? The payment infrastructure was built before the internet with few updates.
Ripple connects banks and payment providers via RippleNet to provide one frictionless experience for sending and receiving money globally.
RippleNet runs on the most advanced blockchain technology. It is scaleable, secure and interoperates with different networks.
Customers have optional access to source liquidity using the world’s fastest and most reliable digital asset for payments: XRP.
Ripple is infrastructure technology that empowers financial institutions to make real-time, cross-border transactions for their customers.
Ripple’s distributed tools and global network enable speed, certainty and reach at a lower settlement cost than previously possible.
The Federal Reserve System is reviewing faster payment strategies for the U.S., including Ripple for greater interoperability.