Cryptocurrency Q&A
Who runs XRP?
Who runs XRP?
Michele
Wed Dec 04 2024
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7 answers
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XRP is run by Ripple Labs, the company responsible for developing and managing the Ripple network. Ripple Labs holds a significant portion of the total XRP supply, giving them a major influence over the cryptocurrency's operations and development.
7 answers
Valentino
Fri Dec 06 2024
Ripple, previously known as Ripple Labs, operates as a company.
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Giuseppe
Fri Dec 06 2024
Meanwhile, XRP represents the digital currency native to the XRP Ledger.
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Valentino
Fri Dec 06 2024
Ripple occasionally distributes XRP from its escrow accounts.
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Andrea
Fri Dec 06 2024
The XRP Ledger is an open-source and decentralized platform.
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isabella_taylor_activist
Fri Dec 06 2024
This distribution serves as a funding source for Ripple's operations.
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