CRYPTOHOUR.NEWS

01

What is Ripple?

Ripple (XRP) is a well-renowned cryptocurrency and the only one with maximum institutional backing until now. 

02

Money Transfers

It is a payment platform that processes international money transfers using blockchain technology. Ripple offers faster processing time and low transaction fees

03

How does Ripple work?

RippleNet is a platform that aims to provide financial institutions with fast, cheap, and easy cross-border transactions which is steadily replacing SWIFT payment

04

Potential in Ripple (XRP)

Its partnerships with banks are an excellent stature for the currency, and any further progress in legality can shoot up the token’s price

05

Critisism

A private company runs XRP, it has been on the receiving end of criticism by the crypto community. Especially after the SEC lawsuit, several exchanges dropped XRP

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