Ripple chain
Overview
Ripple is a payment protocol and decentralized network built on the XRP Ledger, a consensus-driven blockchain designed for fast, low-cost cross-border payments and currency exchange. It is primarily used by financial institutions for settlement and remittance.
Within the DeFi Intel graph, Ripple connects to 13 tracked entities, most strongly to Ondo Yield Assets, Coinbase Bridge, Coinbase Bridge.
Relations
Top connections in the DeFi Intel knowledge graph (confidence-weighted, 10 of 13 total).
| Relation | Connected entity | Confidence |
|---|---|---|
deployed_on | Ondo Yield Assets | 95% |
bridges | Coinbase Bridge | 95% |
deployed_on | Coinbase Bridge | 95% |
bridges | FAssets | 95% |
deployed_on | FAssets | 95% |
deployed_on | OpenEden T-Bill Fund | 90% |
deployed_on | Ondo USD Yield | 85% |
deployed_on | Franklin OnChain U.S. Government Money Fund | 85% |
deployed_on | STASIS EURO | 85% |
deployed_on | Coinbase Bridge | 85% |
Frequently asked questions
What is Ripple?
Ripple is a payment protocol and decentralized network built on the XRP Ledger, a consensus-driven blockchain designed for fast, low-cost cross-border payments and currency exchange.
Who uses Ripple?
Ripple is primarily used by financial institutions for settlement and remittance.
What assets are deployed on Ripple?
Assets deployed on Ripple include Coinbase Bridge, Ondo Yield Assets, FAssets, OpenEden T-Bill Fund, Ondo USD Yield, Franklin OnChain U.S. Government Money Fund, Ondo Short-Term US Government Bond Fund, and OpenEden USDO.