Ripple
Ripple Labs, Inc. is a private American technology company specializing in enterprise blockchain solutions for global payments. Their main stablecoin is Ripple USD (RLUSD).
Products
Key Events
Overview
Ripple Labs, Inc., commonly known as Ripple, is a private American technology company specializing in enterprise blockchain solutions for global payments. Founded in 2012 by Chris Larsen and Jed McCaleb, the company is headquartered in San Francisco, United States, and led by CEO Brad Garlinghouse.
Regulatory Status
By late 2024, Ripple held over 75 licenses and registrations worldwide, reinforcing its compliance-first strategy. In August 2025, Ripple resolved its legal issues with the SEC, agreeing to pay a $125 million fine.
Key Products
Ripple's main stablecoin product is Ripple USD (RLUSD), launched on December 17, 2024. RLUSD operates on both the XRP Ledger and Ethereum networks, is fully backed by U.S. Treasuries and dollar deposits, and includes monthly third-party attestations.