Cryptocurrency Q&A
Is XRP owned by Ripple?
Is XRP owned by Ripple?
CryptoEmpireGuard
Wed Dec 04 2024
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5 answers
935
I'm curious about the ownership of XRP. Is it owned by Ripple or is there a different ownership structure? I would like to understand the relationship between XRP and Ripple.
5 answers
Eleonora
Fri Dec 06 2024
The term "Ripple" is occasionally used interchangeably with the XRP token, causing some confusion in the crypto space.
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noah_smith_researcher
Fri Dec 06 2024
It's important to clarify that Ripple, the company, does not have ownership or control over the blockchain technology or the XRP cryptocurrency.
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Raffaele
Fri Dec 06 2024
Ripple, formerly known as Ripple Labs, operates as a company in the blockchain industry.
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Chiara
Fri Dec 06 2024
XRP serves as the native cryptocurrency for the XRP Ledger, a decentralized and open-source platform maintained by the XRPL Foundation.
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CryptoTitan
Fri Dec 06 2024
The XRP Ledger operates on a distributed ledger technology, enabling secure and efficient transactions.
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