Ripple Delays $125M Fine as SEC Appeal Uncertainty Grows
TL;DR Ripple delays payment of $125 million fine amid speculation of possible SEC appeal. Both parties agreed to deposit 111% of the judgment amount into...
Ripple is a global cross payments system created in 2012 by Ripple Labs. Its main advantage is allowing transfers to any part of the world in just a few seconds and with minimal costs.
The founders of the Ripple project were Jed McCaleb and Ryan Fugger.
Currently there are several banks that use and collaborate with Ripple, such as Banco Santander, Fidor Bank in Munich or Cross River Bank and CBW Bank in the United States, among others.
The latest news about Ripple and its cryptocurrency XRP in The Cryptocurrency Post.