This article examines Ripple's evolution, the advantages of using XRP, and the influence of legal aspects on its operations.
History of Ripple's Formation
Ripple was founded in 2012 to provide an alternative to the outdated SWIFT system used for interbank transactions. At its inception, Ripple offered financial institutions innovative solutions for fast and low-cost processing of international payments.
The Role of XRP in Global Payments
XRP serves not only as a tool for executing money transfers but also operates through the On-Demand Liquidity system. This enables banks and institutions to perform settlement operations in real-time without the need for pre-funding accounts.
Legal Battle with SEC and New Direction for the Company
Since the onset of its legal fight with the SEC in 2020, Ripple has expanded its international operations and, by 2023, received a favorable ruling that resolved questions about XRP's status as a security. In 2025, the company redefined its mission, aiming to create the 'Internet of Value', indicating potential for further growth.
Ripple has significantly transformed its approach in the international finance sector, moving beyond simple payments and striving to create a parallel financial system.
