History of XRP Ledger in Timeline

The XRP Ledger (XRPL), launched in 2012 by Ripple Labs, is a cryptocurrency platform utilizing the XRP cryptocurrency. It's also known as the Ripple Protocol. Besides XRP, the XRPL supports various tokens representing diverse value units, including other cryptocurrencies and assets like frequent flyer miles.

2011: Development of XRP Ledger Began

In 2011, engineers David Schwartz, Jed McCaleb, and Arthur Britto began developing the XRP Ledger, with McCaleb initiating a discussion on BitcoinTalk.org titled "Bitcoin without mining."

September 2012: Open Coin Founded

In September 2012, shortly after the XRPL was launched, Jed McCaleb, Arthur Britto, and Chris Larsen founded the company Open Coin to operate on the ledger.

2012: XRP Ledger Launched

In 2012, the XRP Ledger (XRPL), also known as the Ripple Protocol, was launched by Ripple Labs as a cryptocurrency platform. It uses XRP as its native cryptocurrency and supports various tokens and units of value.

2012: Technology of the "XRP Ledger Consensus Protocol" formally established

In 2012, the technology of the "XRP Ledger Consensus Protocol" was formally established. The open-source project was originally called "Ripple", the unique consensus ledger was called the Ripple Consensus Ledger, the transaction protocol was called the Ripple Transaction Protocol or RTXP and the digital asset (known as "ripples") using XRP as the three-letter currency code to follow the naming convention of BTC for Bitcoin.

September 26, 2013: OpenCoin Renamed to Ripple Labs, Inc

On September 26, 2013, OpenCoin officially changed its name to Ripple Labs, Inc., with Chris Larsen as the head of the company at the time.

May 2018: Ashton Kutcher Donated $4 Million in XRP

In May 2018, Ashton Kutcher donated $4 million in XRP to a charity sponsored by Ellen DeGeneres. At the time, XRP was noted to be the "third most-valuable cryptocurrency on the market".

July 13, 2023: Court Ruling on XRP Token

On July 13, 2023, Judge Analisa Torres of the United States District Court for the Southern District of New York ruled that the XRP token itself is not a security, but the manner in which it is sold could constitute the sale of a security.

March 2, 2025: Trump Announces XRP as Part of Crypto Reserve

On March 2, 2025, President Donald Trump announced that XRP was one of five digital assets he intended to name to a planned U.S. crypto strategic reserve.

March 6, 2025: White House Publishes Order Online

On March 6, 2025, the White House officially published the order online regarding President Trump's announcement about XRP being part of a planned U.S. crypto strategic reserve.