Ripple is indeed on the rise. The company managed to attract new investors (which led to the increase in the value of XRP in excess of 1000%) and new clients, including Cambridge Global Payments, the Central Bank of Saudi Arabia, banks of Japan, South Korea, Thailand and other major financial institutions. Blockchain startup from San Francisco really managed to pull the blanket of public attention this year.

However you have to remember that most of this attention was drawn to the bold statements Ripple that its technology will revolutionize the field of international payment systems, to radically update your outdated mechanisms of communication and traffic amounts between the financial giants. As Ripple says, its products are not only cheaper and faster, but in General more effective than anything the market offers. By and large, this statement reinforces its own cryptocurrency and the blockchain.

But not so simple. On the one hand, software developed BY Ripple, far from XRP with its market capitalization of $ 35 billion. On the other hand, the token is only a small part of the company’s business, and he is not completely tied to bitcoin. To help you better understand how the XRP is associated with the basic services Ripple, revision CoinMarket.News has prepared a translation of analytical articles about the xCurrent, xRapid and xVia — and how XRP fit into this “triangle”.


Created based on a distributed registry Interledger, the system xCurrent is designed to ensure interoperability of all currencies, not just scriptaction. Thanks to the connecting nodes that contain information about the value of certain currencies, xCurrent allows banks to freely carry out the transfer even if the sender currency is US dollars and the recipient need the Euro.

The system also includes a special messenger to coordinate information exchange between banks. Functional messenger allows you to make instant changes to the underlying error (e.g. a typo in the name of the recipient) are not delayed the implementation of the transfer. In addition, the transactions can be tracked at each stage without risk of violating the privacy of customers.

Thus, XRP partly owes its popularity to customers xCurrent, although the system itself is in no way tied solely to the cryptocurrency. However, XRP may be the subject of a transaction on the basis of this system, as well as the dollars, euros, bitcoin and Ethereum.


For one reason or another, the basis for translation own token Ripple gathered in a separate product called xRapid. The system allows clients to transfer assets in XRP (or back) and send them at a higher speed via the payment Protocol xCurrent without binding capital-to “nostro” and “loro” accounts. In turn, the movement XRP caused by the activity of large companies, will increase the market demand for the token.

According to CTO Stefan Thomas Ripple (Stefan Thomas), mainframe system, but XRP has the advantages of:

“Although the system in principle supports any digital assets transfers in XRP is much faster and cheaper — one transaction costs a fraction of a penny and takes only three seconds”.

Currently xRapid use of the company-monetary intermediaries Western Union and Moneygram, as well as Mexican Bank Cuallix.

For Ripple xRapid is the epitome of RippleNet program, according to which the XRP becomes the Central asset that combines all of the unique payment protocols.


Caring about comfort and ensuring customer loyalty Ripple is actively promoting xVia — payment interface that enables easy and xCurrent xRapid. Like complex inner processes instant messaging hidden behind a nice “shell” WhatsApp, xVia masks the technological side payment systems Ripple. Default xVia does not use XRP, although the option is available. As xCurrent, xVia allows you to track customer payments and even generate invoices for transactions.

Despite the fact that the main objective of the product — simplification, users still do not fully understand what he essentially is. Ripple in the thread on Reddit, a company representative replied that the coordinator themselves translations. However, confusion may be caused by the meager amount of information available about xVia.