How to Buy Ripple (XRP) in India

What is Ripple (XRP)?

Ripple is a real-time gross settlement (RTGS) system designed to enable instant global currency transactions. While XRP serves as the native token of the Ripple Ledger, users can trade in any currency on the platform.

Functioning both as a cryptocurrency and a digital payment network, Ripple was launched in 2012 by co-founders Chris Larsen and Jed McCaleb. It provides banks and financial institutions with a transactional system for international currency and securities transfers.

Key distinctions:

Ripple: The company and financial network.
XRP: The platform token acting as an intermediary for currency exchanges.

Founders of Ripple

Chris Larsen
A serial entrepreneur and angel investor, Larsen co-founded E-Loan in 1996, pioneering peer-to-peer lending during the early web era. In 2018, Forbes estimated his net worth at $59 billion.
Jed McCaleb
A contributor to Bitcoin’s early development, McCaleb later co-founded Ripple to streamline cross-border financial transactions.

How Does Ripple (XRP) Work?

Ripple leverages decentralized blockchain technology to accelerate international transactions, offering:

Real-time messaging and settlement.
Liquidity solutions via its native token, XRP.

Ripple Network Products

Product	Purpose
xCurrent	Enables banks to process real-time global payments compliantly.
xRapid	Reduces liquidity costs for payment providers using XRP as a bridge.
xVia	Allows users to send payments globally without additional software.

Use Cases
Ripple facilitates:

Cross-border P2P payments.
Invoice settlements.
Real-time liquidity pooling for corporations.

Notable Partners
Ripple collaborates with 100+ institutions, including:

Santander (USA)
Mercury FX (UK)
SBI Remit (Japan)

👉 Explore Ripple’s partnership network

XRP Tokenomics

Total Supply: 100 billion XRP.
Circulating Supply: ~99.99 billion (as of 2025).

Distribution:

20% retained by founders.
77.8% allocated to Ripple.
0.2% airdropped for adoption initiatives.