XRP
Built to move value across borders in seconds, not days.
XRP is the native digital asset of the XRP Ledger (XRPL), a public blockchain launched in 2012 by David Schwartz, Jed McCaleb, and Arthur Britto. It was designed for fast, cheap value transfer — especially the kind of cross-border payments that still crawl through correspondent banks.
Ripple is a company. XRP is an asset. The XRPL is the ledger. Mixing those three up is how bad arguments (and bad headlines) get made. Ripple builds payments software and holds XRP; it does not “run” the ledger the way a bank runs an account database. Independent validators agree on the state of the XRPL.
There is no mining. Trusted validators reach consensus in seconds. Typical fees are fractions of a penny, and a small amount of XRP is burned with each transaction. That makes XRPL practical for payments, tokenization, and automated market making — not for running general-purpose apps like Ethereum.
Ripple’s RLUSD is a dollar stablecoin issued on XRPL and Ethereum. The thesis is simple: pair a trusted dollar token with a fast ledger and deep XRP liquidity so institutions can move value without parking millions in nostro/vostro accounts. Whether that thesis plays out is a market question — not a promise.
On the James Rule Crypto Show we go through XRPL updates, Ripple news, RLUSD, price structure, and the legislation that actually moves this market — including the Clarity Act fight in Congress. Hype is cheap. Reading a ledger, a bill, and a settlement window is the job.
Not financial advice. Knowing a ledger is not the same as buying the asset.