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Overview: Ripple’s network provides quick and seamless global payments using blockchain. The network connects financial providers through its RippleNet platform in order to process their customers’ payments anywhere in the world instantly, reliably and cost-effectively. Ripple can assist banks and payment providers with ability to further reduce their costs and access new markets.
Ripple has offices in San Francisco, New York, London, Sydney, India, Singapore and Luxembourg. The company has more than 100 customers around the world: Bank of Tokyo-Mitsubishi, Royal Bank of Canada, Santander, Standard Chartered, UBS, American Express, and more.
Max Supply: 100 Billion XRP
Mineable: No
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Disclosure: Spotlight Growth’s Crypto Cheat Sheets are not meant to be an endorsement or recommendation to invest or trade in the respective cryptocurrency mentioned above. They are meant strictly for information and entertainment purposes only. Please consider the risks and extremely speculative nature of cryptocurrencies before investing, which may not be suitable for all individuals. Spotlight Growth has no personal or business connections to any of the cryptocurrencies or their respective companies. However, the owner may have positions within one or more of the crypto coins mentioned for purposes of speculation or investment. For those that are active within crypto space, Spotlight Growth would like to remind you to exercise financial responsibility. PSA: These are very interesting and exciting times, but it is not recommended to take out additional mortgage, loan, liquidate 401K, utilize credit cards, etc. in order to participate within these markets. Please view SEC website for more details to consider: https://www.sec.gov/news/public-statement/statement-clayton-2017-12-11
