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 Ripple Latest News According to CNBC, digital asset and infrastructure company Ripple said on Wednesday that it had completed US$500 million in financing, raising the company's valuation to US$40 billion. The funding comes as the company makes a series of acquisitions and comes as its product line expands beyond single payments to a broader range of services.  Industry insiders believe that after Trump was elected as President of the United States and the landmark stable currency regulation GENIUS Act was passed, the U.S. environment has become more favorable to encryption and digital asset companies, and these companies are trying to take this opportunity to accelerate development. Introduction to Ripple  Ripple (also known as Ripple) is a global cross-border payment network based on distributed ledgers created by Ripple Labs. It claims to be able to realize global financial transactions of any scale securely, instantly and almost free of charge.  Ripple Team  Ripple financing   Ripple core features  Real-time settlement: Traditional cross-border payments rely on agent banking networks and need to go through multiple intermediary banks (taking 1-5 days), while RippleNet can complete transaction confirmation within seconds through direct point-to-point communication. Unified standards: Provide standardized APIs and protocols (such as ILP, Interledger Protocol) to enable financial institutions in different countries to seamlessly connect and eliminate format and compliance differences. Multi-currency support: Supports instant exchange of fiat currencies, cryptocurrencies and even commodities (such as gold) without the need for an intermediate currency (such as the US dollar) as a bridge. Reduce costs: By reducing intermediate links and liquidity pre-deposit requirements, cross-border payment costs can be reduced by up to 60%. Ripple’s future development For beginners, the key to understanding XRP is not the short-term price, but the technical mission behind it: to make global capital flows as free as information.  As the cryptocurrency market continues to develop, XRP will play an important role in the field of blockchain payments. It is not only an investment target, but also an important bridge connecting traditional finance and the crypto world.  |
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