
Ripple Labs is once again shuffling XRP between wallets, a trend that has sparked speculation on possible impact on the price of the coin.
Ripple provides one frictionless experience to send money globally using the power of blockchain.
Ripple Labs Inc. provides one frictionless experience to send money globally using the power of blockchain. By joining Ripple’s growing, global network, financial institutions can process their customers’ payments anywhere in the world instantly, reliably and cost-effectively. Banks and payment providers can use the digital asset XRP to further reduce their costs and access new markets.
With offices in San Francisco, New York, London, Sydney, India, Singapore and Luxembourg, Ripple has more than 200 customers around the world.
Ripple Labs is once again shuffling XRP between wallets, a trend that has sparked speculation on possible impact on the price of the coin.
XRP shot up almost 3% in the past 24 hours after Ripple and the SEC submitted a joint filing for a 60-day pause to their appeals and cross-appeals.
XRP has surged 11% in a day to around $2, rebounding from $1.65 as whales move 70 million tokens in the past two weeks.