/r/Ripple

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Ripple connects banks, payment providers and digital asset exchanges via RippleNet to provide one frictionless experience to send money globally. Banks and payment providers can use the digital asset XRP to further reduce their costs and access new markets. XRP is the fastest and most scalable digital asset today.

Ripple Subreddit

Welcome to the Reddit Ripple community! Ripple connects banks, payment providers and digital asset exchanges via RippleNet to provide one frictionless experience to send money globally. Banks and payment providers can use the digital asset XRP to further reduce their costs and access new markets.

XRP is the fastest and most scalable digital asset.


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XRP Price Change
Ƀ 0.00002893 ⇩ -3.06%
$ 2.920 ⇩ -4.79%
2.820 ⇩ -4.80%
Updated 02-02-2025 02:28 UTC
BTC $ 100819.00 ⇩ -1.80%

   XRP Values ⇨ BTC Ƀ 0.00002893 ⇩ -3.06% | USD $ 2.920 ⇩ -4.79% | EUR € 2.820 ⇩ -4.80% | Updated 02-02-2025 02:28 UTC 

/r/Ripple

377,828 Subscribers

3

02/01/25 [Join XRPhoenix Discord] - discord.com/invite/XRPhoenix

XRPhoenix Discord

>>> Invite Link: discord.com/invite/XRPhoenix

Official Discord for the following subs:

  • r/XRP
  • r/Ripple

Channels

  1. Announcements
  2. News and media
  3. ​Infographics and visual aids

Categories

  1. Exchanges & Wallets, FinTech, DeFi & NFTs, Investing, Cryptocurrency
  2. Interledger Protocol, RippleX, Polysign
  3. XRPL Labs, Xaman (previously Xumm)

Special Perks for the XRPhoenix Discord server boosters

0 Comments
2025/02/01
05:00 UTC

8

PSA: Accessing old Rippex wallets from modern command line

I recently needed to recover access to some XRP wallets from ~2017-2018. I had the wallet files and the passphrases used to secure them. I think these were made with an old client called Rippex, which was discontinued many years ago, and it was not clear how to access the wallets without it. I also found that many other people have encountered this issue, and it comes up semi-regularly.

In principle, recovery is possible because the Rippex wallet encodes a seed key which can be imported to a modern wallet, which can then do transactions with the coins as normal. So, running Rippex and opening the wallet file will allow export of the seed key. Unfortunately, Rippex is not distributed now, and the only links I found to the installer looked highly suspicious. Compiling and running from source also proved challenging. Other recommendations suggested using Toast, but this has similar problems. According to their X account, Toast shut down in 2020.

I looked at the wallet file and noticed it is base64-encoded JSON, in a format that contains a ciphertext and detailed information about the cipher and settings used to produce it. This in turn was apparently generated by a cryptography library called SJCL. This library has not been updated in 6 years, but is still available and works. You can install it with

npm install sjcl

This did not work at first. Then I learned by looking at comments on the Hashcat forum (https://hashcat.net/forum/thread-10020.html) that the password gets reformatted prior to use in sjcl. Here is some source code that uses SJCL and the password modification to decrypt a Rippex wallet file.

// decrypt.js

// npm install sjcl
const sjcl = require("sjcl");
const fs   = require("fs");

// 1) Read the base64-encoded JSON file
const [,, walletFilePath] = process.argv;
if (!walletFilePath) {
  console.error("Usage: node sjcl_decrypt.js path/to/base64_wallet.json");
  process.exit(1);
}
const base64Data = fs.readFileSync(walletFilePath, "utf8").trim();

// 2) Decode base64 into JSON
const rawJson = Buffer.from(base64Data, "base64").toString("utf8");
const walletObj = JSON.parse(rawJson);

// 3) Prompt for password on stdin
process.stdout.write("Password: ");
process.stdin.setRawMode(true);

let password = "";
process.stdin.on("data", (chunk) => {
  // keep reading characters until the user hits enter
  if (chunk.includes(0x0d) || chunk.includes(0x0a)) {
    process.stdin.setRawMode(false);
    console.log(); // newline

    // 4) pad the password and decrypt
    try {
  // actual password format is "len|password" where len is the password     length
  // eg. the password 'notyourkeys' has length 11, so the formatted     password would be "11|notyourkeys"
      password = password.length + "|" + password;

      const plaintext = sjcl.decrypt(password, JSON.stringify(walletObj));
      console.log("Decrypted wallet contents:");
      console.log(plaintext);
    } catch (e) {
      console.error("Decryption failed:", e.message);
      process.exit(1);
    }
    process.exit(0);
  } else {
    // Append typed characters (no echo)
    password += chunk.toString();
  }
});

Once you have node/npm/sjcl installed, this code does not need network access, so you can run offline if you like.

How to use it:

  • Install node and npm in whatever method is appropriate for your OS.
  • Run npm install sjcl
  • Copy-paste the above code to a file called decrypt.js
  • Put decrypt.js in a folder with your wallet file (let's say that's called my_wallet)
  • Run node decrypt.js my_wallet
  • Type in your password when prompted
  • If you typed in the right password, it will decrypt the wallet and print the results to the console as a JSON string.
  • The key (long string starting with 's') and account ID (long string starting with 'r') are in the output, listed as "masterkey" and "account_id" respectively.

Supposedly you can plug that into other wallets and get access to your coins from there. I make no recommendations or endorsements about this, but I will say that I believe Xaman will support import of your recovered wallet by taking the key as the "Family Seed" in the import menu.

I'm infodumping this in case anyone else runs into the same problem. Hope this helps folks.

0 Comments
2025/01/30
17:37 UTC

3

Gatehub can't verify my uk based account anymore

I have about 288 xrp in gatehub since sometime in 2021. Recently I have logged in and it tells me my account is not verified. Then when I try to verify UK is not even listed in the list of countries. Sent a support request with no response in over 10 days.
Anyone have any idea what I can do ? or have I lost these xrp

8 Comments
2025/01/29
22:38 UTC

2

HODL XRP on Ledger / Bep20 / ERC20

Guys I am really feeling lost to which way XRP should be in my custody. While some exchanges provide withdrawal only on ripple ledger while others Only to Bep20 and ERC20 adresses. As we all are here to HODL what should i do as i hold 80% major in Bep20/erc20 supporting exchange while 20% in only ripple ledger supporting exchange.

  1. If i move my assets to hardware wallet which can be considered future proof or is this my just assumption as all format is legit ?
  2. How easy is this to swap or does it even need to swap in between them?
  3. As most if hardware wallets support both formats should i keep it as it is or its mandatory to swap before keeping it as store of value. Please guide me as even after holding xrp in both formats i am still worried if it may loose any value.
6 Comments
2025/01/29
21:53 UTC

33

Ripple and u/OndoFinance are bringing OUSG, tokenized U.S. Treasuries to the XRP Ledger.

With 24/7 minting & redemption using RLUSD, unmatched liquidity, and institutional-grade security, learn how this partnership marks a major step forward for onchain RWAs.

2 Comments
2025/01/28
14:52 UTC

8

ELI5 how does the ripple network facilitate a CBDC like a potential euro coin and how does that directly affect the price of xrp?

Thanks in advance.. I have a basic working knowledge of block chain but don't really understand how another token working on the XRP or any other block chain affects the price of XRP in this case? I just watched a video regarding a future euro digital currency and need to know more!

9 Comments
2025/01/28
02:44 UTC

17

ELI5 Ripple secures new money transmitter licence.

1 Comment
2025/01/27
16:07 UTC

7

Does anything on XRPL ledger use gas?

Because I know Ripple has multiple products. Not all use XRP has.

Also does anyone know how to explain the math for why xrp will go up to eventually $10k?

Xrp has 5 decimals places. And only 1 drop is used per X transaction (what is X?)

9 Comments
2025/01/27
09:50 UTC

28

Would XRP/BTC All time high be broken ever?

XRP/BTC All time high on binance is shown as 22968 Sats and right row it is at 2990 Sats while XRP price is 3.1$. To break this high XRP would need to be at around 23.82$ while BTC remains at same value. This would put XRP market cap at 1.382 T. Dwarfing ETHs market cap but still way behind BTC market.

6 Comments
2025/01/26
11:45 UTC

2

How to restore a Toast wallet with ONLY a 6 words recover phrase??

Am I toast? 😭

I no longer have the original mac that had the Toast wallet application on. I DO however have the 6 word recovery phrase (provided by Toast wallet via a screenshot) as well as the wallet address. Is there any way to get this back!?

10 Comments
2025/01/25
22:23 UTC

49

I had a golden goose and didn't know it

I bought $XRP at $1.28 (AVG cost) in Q3-2021 having only started dabbling in the CryptoVerse back a few months earlier.

At that time, I didn't know jack about how different crypto was to traditional investments like shares etc.

After the market crapped itself, between Harmony ($ONE), Terra Luna ($LUNC), and Solana ($SOL), I was down by 92%.

Not a pleasant feeling, I must admit - let's call it COVID-madness.

NOW, with all the hoo-ha about XRP, I've done a bit of reading to find out what is the big deal, and why all you guys are so excited.

At first, I was dumbfounded as to how it was any different to any other coin. Then I came across this.

I noticed, all the major Australian banks were listed here. Sceptical as I was, I did more digging until I found this from the Australian Department of Treasury & Finance.

I'm now thinking, maybe it's time to get rid of the ETH/BTC and add more XRP and/or SOL. Now I can't decide which one (or both), I like them both.

What are your thoughts on my journey and buying more XRP?

Thanks in advance

20 Comments
2025/01/25
07:45 UTC

6

01/25/25 [Join XRPhoenix Discord] - discord.com/invite/XRPhoenix

XRPhoenix Discord

>>> Invite Link: discord.com/invite/XRPhoenix

Official Discord for the following subs:

  • r/XRP
  • r/Ripple

Channels

  1. Announcements
  2. News and media
  3. ​Infographics and visual aids

Categories

  1. Exchanges & Wallets, FinTech, DeFi & NFTs, Investing, Cryptocurrency
  2. Interledger Protocol, RippleX, Polysign
  3. XRPL Labs, Xaman (previously Xumm)

Special Perks for the XRPhoenix Discord server boosters

0 Comments
2025/01/25
05:00 UTC

11

What's with a new deadline?

So today Ripple has till April 16th to submit a response for the case. I thought all cases were suspended unless they involved fraud? It just seems lately to be an appeal after an appeal but not getting anywhere legally. Sure price has moved and that's always a good thing but it's just more of really bad tv show anymore.

All this money us tax payers are paying, just to have the appeals stacking up is discouraging to say the least. I've been holding awhile, and I have no interest in selling now, or in the near future so this isn't a quick buck grab. But to be deemed not a security to have gensler re file 2 days before leaving, to now have another 2 months is just insulting

5 Comments
2025/01/24
21:55 UTC

17

ETF XRP

Hello to you! I know what Ripple's XRP token is but I'm having trouble understanding what a crypto ETF is (whether it's XRP or otherwise). For me, an ETF is a grouping of fractions of shares that brings together lots of companies like the Core S&P500 USD (Acc) or others that are on the stock market. If anyone can explain it to me in general terms that would be really nice! Thanks in advance

12 Comments
2025/01/23
20:07 UTC

8

What is the wallet everyone uses?

What’s in your wallet

What wallet does the majority of people use? I’m thinking of getting a ledger wallet. I have Robinhood right now but want a wallet than I can secure XRP BTC and XMR on. Does anyone else use something other than ledger

24 Comments
2025/01/23
04:01 UTC

18

Patience Pays Off: My XRP Journey to Success

After doing my homework and holding XRP patiently, I’ve achieved impressive returns. The right research, strategy, and patience can lead to success in crypto!

https://preview.redd.it/p86gewqehxde1.png?width=1228&format=png&auto=webp&s=57e1381d182612b1fc0462ba7c6715487f5fdb2d

29 Comments
2025/01/19
10:31 UTC

13

Asset tokenization with IOT enabled data sales

So with the XRPL looking towards tokenization of assets I had a thought, and would love someone with more expertise in the field to help me work out this process.

The thought: could a system be designed that would allow for a companies inventory to be tokenized and tracked through IOT hardware and somehow be attached to the blockchain to provide an almost asset backed cryptocurrency?

When I look at projects like helium and how they are trying to monetize IOT data and makes me rather curious. What if through POC or POW enough value could be generated that the basic instruments of business could not just be objects taking up office space but could actually be generating monetized data…

8 Comments
2025/01/18
01:09 UTC

11

Common XRP Misconceptions

Just curious what are the biggest misconceptions you have come across when discussing XRP or RLUSD with others?

For me over the weekend i was talking to someone who thought XRP was backed by gold. Overall thought it was funny and a little ironic.

14 Comments
2025/01/17
20:59 UTC

14

How can I recover my acient ripple wallet?

So I got access to my old wallet file I saved years ago when I didn't even know what I was doing, I tried opening the file and it is just a really long string of text, it is not the family seed and it is also not the 8 rows of 6 digits, I have no idea what it is and how to open it, what could this be and how can I open it?

13 Comments
2025/01/17
18:20 UTC

51

Asset tokenisation is coming...

Ripple has spotlighted a partnership with DZ BANK, the largest German depository bank with a volume of Є350 billion assets under custody.

"Ripple Custody" is the new solution that allows real world assets - what they call RWAs - to be tokenized on the XRPL.

I guess this is the outcome of the Metaco acquisition last year for institution-grade custody solutions and integration with the XRPL.

Nothing to see here 🧐

2 Comments
2025/01/17
14:12 UTC

8

Trying to invest in it using Interactive brokers

(The title is not very well worded but I can't modify it)

Hello,

I bought around 500$ worth of XRP on my wealthsimple account. Interactive brokers takes less commission and I have some cash on it. However I cannot seem to find XRP on interactive brokers.. Anyone can help me set it on interactive brokers? Maybe is there a better way?

8 Comments
2025/01/17
06:34 UTC

15

Projects & startups

Curious…how do folks discover/connect with developers and entrepreneurs working on projects on XRPL? Is there a place to search for early-stage XRPL projects. I started going thru the tutorial recently and gotten so consumed, but I’d like to learn what people are thinking of as I’m new to the space and not yet able to conceptualize ideas or possibilities.

5 Comments
2025/01/15
23:55 UTC

1

Ripple accounts

Hello I had a old account from an exchange and I was able to recover it on a wallet app called xaman. And made a new ripple account to transfer my funds. I looked up the wallet on xrpscan and it says it was activated from the previous wallet. Does this means that its linked to my old wallet since the first wallet had a data breach.

3 Comments
2025/01/15
17:46 UTC

68

List of Banks & Companies on Ripple Custody Platform

Banks and Financial Institutions:

  • BBVA Switzerland
  • Societe Generale – FORGE
  • DBS
  • DZ Bank
  • DekaBank
  • VP Bank
  • Union Bank
  • Royal Bank of Canada
  • Standard Chartered
  • Westpac Banking Corporation
  • Banco Santander
  • Bank of America
  • Merrill Lynch
  • Unicredit
  • Bank of Indonesia
  • Bank of Thailand
  • Siam Commercial Bank
  • Itau Unibanco
  • IndusInd Bank

Other Companies:

  • BCB Group
  • Archax
  • Togg
  • Zodia Custody
  • RuleMatch
  • VDX
  • GoFinTech
  • Moneygram
  • Cambridge Global Holdings
  • SBI Holdings
  • Zip Remit
  • InstaRem
  • Futureverse (Ottó Blockchain)
7 Comments
2025/01/14
19:25 UTC

0

XRP RIPPLE

So, I MAY be wrong.. Please opinions and facts only? Fact checking your statements make you a Thoroughly kind of Redditor. With that, Ripple had another SEC court date coming up? When,where and what time? So, would if they LOSE? Do you think 🤔 it’s NOT going past $3.00 right now is because simply they’re NOT Gia is he’s defending against SEC? Did XRP give Trump $ in Ripple for his Presidency elect? So, I’m only assuming “Guessing” people have a good amount BUT are holding back.. Until the FINAL results of SEC or if they’re joining banks around World utilizing same ways debit cards & banks do, etc..

Is this on point possibly?If I was Rich, I would NOT invest in a company that’s facing the SEC very shortly.. Risking it all… I’d buy at LAST moment. Or directly after. Maybe I’d banks STATE; they’re accepting RIPPLE Worldwide 🤯

22 Comments
2025/01/12
12:59 UTC

17

Ripple's XRP one of the top gainers in last 1-hour. Spill the beans !!! what's cooking here?

3 Comments
2025/01/11
18:17 UTC

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