Trade Ripple to US Dollar - XRP/USD CFD

Ripple / USD

Always stay up to date with the latest Ripple XRP price in USD with Capital.com’s live chart

The XRP/USD pair matches one of the world’s most popular and widely accepted cryptocurrencies, Ripple’s XRP, with the strongest fiat currency, the US dollar. The pairing represents how many USD (the quote currency) are needed to buy one XRP (the base currency). 

Ripple's native coin XRP ranks third on the list of top cryptocurrencies by market capitalisation, behind Bitcoin (BTC) and Ethereum (ETH). Even after a few years in existence, XRP still remains very volatile, offering huge potential for speculation.

On the other end of the pair is the US dollar, one of the most economically and financially important fiat currencies available. The USD is usually considered a benchmark currency and is readily accepted in transactions worldwide. Moreover, almost 90 per cent of global forex trading involves the US dollar.

Follow Capital.com’s XRP price chart (USD) to track the XRP/USD rate in real-time and spot the best trading opportunities.

Launched in 2012, Ripple is a real-time gross settlement system, currency exchange and remittance system. Its services are used by a large network of banks and financial intermediaries worldwide, an area in which Ripple is far ahead of many of its competitors in the digital currency space.

The project confirmed it has already signed more than 300 banking and financial customer partnerships. The list includes well-known names, such as Barclays (BARC), HSBC (HSBA), Accenture (ACN) and MoneyGram.

You can track Ripple XRP value in USD at Capital.com and trade it with high leverage and tight spread. 

In 2012, XRP debuted on the market at an approximate price of $0.005, with its value remaining flat until 2017. The first price peak happened in May 2017, when the coin surged to $0.36, subsequently settling down around the $0.20 range for the following six months.

On January 4, 2018, XRP hit its all-time high of $3.84. However, the price soon started falling gradually, and by September, the rate dropped as low as $0.29. Short-lived upside momentum then boosted the coin’s value up to $0.56, with XRP closing 2018 at $0.35.

Through 2019, the coin held steady in the range of $0.2 – $0.5. After bottoming at $0.17 in December, the price of the third-largest cryptocurrency soared up to $0.33 in the following eight weeks, representing a gain of almost 100 per cent.

With Capital.com’s Ripple price chart you can not only quickly view the current XRP/USD rate, but also trace the pair’s rate in historic terms.

Its unique properties make the XRP/USD pairing one of the most popular crypto-to-fiat currency pairs in the market, offering traders additional diversification to their portfolio and substantial opportunities to make profits.

Those, interested in the XRP/USD trading, should keep a close watch of crypto market news and the Federal Reserve System releases regarding interest rates and monetary policy changes. 

You can follow Ripple live price and trace its ups and downs at Capital.com. Always stay on top of the latest market developments with our XRP/USD chart.