Established in 2012 and headquartered in San Francisco, Ripple was designed to allow fast and cheap transactions. It has its own currency (XRP) but also allows everybody to use their platform to create their own via RippleNet, which is the world's most accessible global payments network. Ripple’s additional services include On-Demand Liquidity where customers can use digital asset XRP to source liquidity on-demand and avoid pre-funding.