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Archive active · Module 02

The network behind XRP.

XRP is the asset. XRPL is the infrastructure.

In plain language

HOW IT WORKS

  • 01The XRP Ledger is a blockchain network.
  • 02XRP is native to the network.
  • 03Independent validators participate in maintaining the ledger.
  • 04XRPL does not rely on traditional mining.
  • 05Transactions are confirmed through a consensus process.
  • 06XRPL supports payments.
  • 07XRPL supports decentralized exchange activity.
  • 08XRPL supports tokenized assets.
  • 09XRPL supports stablecoins.
  • 10XRPL is developing a broader DeFi ecosystem.
Abstract visualization of value moving between XRP Ledger nodes

Validator consensus · illustrative

Module 03

RIPPLE BUILDS THE RAILS.

A financial technology company building blockchain-based financial infrastructure. Ripple does not own the XRP Ledger, and the ledger runs independently of any single company.

Ripple

Financial technology company.

Payments

Ripple has historically focused heavily on cross-border payment infrastructure.

Blockchain

Ripple develops financial products using blockchain technology.

XRP

Ripple has promoted XRP as a digital asset useful for global settlement.

RLUSD

Ripple developed RLUSD, a USD-denominated stablecoin.

XRPL

Ripple operates within the broader XRP ecosystem, while XRPL itself is an independent decentralized ledger.

Clarity note: Ripple and the XRP Ledger are not the same thing. Ripple builds products within the ecosystem; XRPL is an independent decentralized ledger maintained by independent validators.

Next: meet Evernorth