RippleNet

Ripple's network of payment products for financial institutions.

RippleNet is company software and a customer network. Some of its payment flows use XRP; others move fiat or stablecoins.

It is distinct from the XRP Ledger, which is a public network anyone can use without Ripple.

Related terms

On-Demand Liquidity (ODL)

Ripple's product that sources liquidity for cross-border payments by bridging through XRP.

Ripple vs XRP

Ripple is a company; XRP is the asset on a public ledger the company does not own.