Ripple Unveils “Ripple Payments” Demo Featuring XR

Ripple Unveils “Ripple Payments” Demo Featuring XRP Liquidity

Ripple showcases a new “Ripple Payments” demo, positioning XRP as a liquidity bridge for faster cross-border transactions.

Circle, Stripe, and Google develop payment-focused blockchains, directly challenging Ripple’s role in digital settlement.

Google’s Universal Ledger aims for multi-asset settlement, potentially reducing reliance on Ripple’s XRP network.

Ripple Unveils “Ripple Payments” Demo Featuring XRP Liquidity

Ripple has rolled out a demo of “Ripple Payments” on its official website, showing how its Liquidity on Demand service uses XRP to facilitate transfers. The release comes at a time when other major players, including Circle, Stripe, and Google, are preparing their own payment-focused blockchains.

Ripple Payments and Liquidity on Demand

The demo highlights how Ripple’s platform is designed to make cross-border transactions faster and more efficient by tapping into XRP for liquidity. For years, Ripple has presented its technology as a way for institutions to bypass traditional correspondent banking networks.

JackTheRippler, an industry commentator, shared news of the demo, writing, “Ripple Payments is ‘Liquidity on Demand’ —> #XRP.” The move keeps Ripple focused on embedding XRP within its payments network while strengthening its pitch to financial institutions.