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Market

Market stats

Market cap

-

Volume (24h)

$24,805.95

Circulating supply

-

All time high

$0.52

Price change (1h)

+0.11%

Price change (24h)

-1.89%

Price change (7d)

-4.22%

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Ripio Credit Network is on the decline this week.

The price of Ripio Credit Network has fallen by 4.22% in the past 7 days. The price declined by 1.89% in the last 24 hours. In just the past hour, the price grew by 0.11%. The current price is $0.0013 per RCN. Ripio Credit Network is 99.76% below the all time high of $0.52.

The current circulating supply is 0 RCN.

Ratings

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About

What Is Ripio credit network (RCN)?

Ripio credit network (RCN) is an open-source network that bridges lenders and borrowers and creates frictionless, transparent, and borderless loan markets. The network solves the problem in the traditional banking institutions and various P2P lending alternative platforms. The problems include unbanked population across the globe, focusing on geographical locations to offer credit, loans based on risk capacities, risk evaluation, etc. The Ripio credit network relies on smart contracts to ensure standardized lending through blockchain technology. The network uses Ethereum blockchain to connect credit supply and demand across borders and creates a new ecosystem of decentralized lending and borrowing solutions for multiple users. According to the whitepaper, the network aims to bring transparency and reliability in credit and lending.

The network supports both DeFi and CeFi loans, allowing lenders to access multiple lending alternatives within the platform. Also, the network supports multiple currencies for the ease of platform users to lend or borrow currencies. The P2P loans on the network remain stable during the term to receive a fixed amount from the borrowers. Moreover, borrowers can request funds in a customizable pattern, putting their needs and preferences first. The network also connects corporate borrowers with global retail lenders. RCN provides direct access to funding and removes third-party involvement. As a result, the operation and financing costs get reduced.

RCN is the native token of the Ripio credit network. Users can use RCN to facilitate transactions with other users of the network. Also, users need RCN tokens to access the Ripio credit network. The network also uses RCN tokens to incentivize platform users who participate in the network. 

History of Ripio credit network (RCN)

Sebastian Serrano, the CEO, founded the Ripio credit network in 2016. The total supply of the Ripio credit network is 999,942,647.35309003174008 RCN.

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Reading List

News

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a16z Backs $33M Raise for Blockchain Game Studio Proof of Play

Proof of Play, a decentralized game studio and blockchain technology company, has raised $33 million in a seed round co-led by Andreessen Horowitz (a16z) general partner Chis Dixon and Greenoaks founder and managing partner Neil Mehta, according to a press release provided to Unchained. The funds will help Proof to ... The post a16z Backs $33M Raise for Blockchain Game Studio Proof of Play appeared first on Unchained Crypto.

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TechCrunch • Sep 21, 23

Former a16z execs launch Bastion

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Fortune • Sep 21, 23

Google Cloud to provide developers access to data on 11 more blockchains, including Polygon, Tron, and Arbitrum

The cloud provider will also add data on Ordinals, non-fungible tokens minted on the Bitcoin blockchain, to its available datasets. The cloud provider will also add data on Ordinals, non-fungible tokens minted on the Bitcoin blockchain, to its available datasets.

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The Block • Sep 21, 23

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Polygon Labs offered the Celo community a proposal to integrate its Chain Development Kit for the transition to Ethereum Layer 2.

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Friend.Tech rival Post.Tech activity picks up with $1.8 million in daily volume

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Decrypt • Sep 21, 23

Bitcoin Pioneer Hal Finney Explains ZK Proofs in Rediscovered Footage

A video has resurfaced showing the late software developer and Bitcoin pioneer Hal Finney explaining zero-knowledge protocols in the 1990s.

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FAQ

What is the current price of Ripio Credit Network?

We update our Ripio Credit Network to USD currency in real-time. Get the live price of Ripio Credit Network on Coinbase.

What is the market cap of Ripio Credit Network?

The current market cap of Ripio Credit Network is $0.00. A high market cap implies that the asset is highly valued by the market.

What is the all time high of Ripio Credit Network?

The all-time high of Ripio Credit Network is $0.52. This all-time high is highest price paid for Ripio Credit Network since it was launched.

What is the 24 hour trading volume of Ripio Credit Network?

Over the last 24 hours, the trading volume of Ripio Credit Network is $24.81K.

What other assets are similar to Ripio Credit Network?

Assets that have a similar market cap to Ripio Credit Network include Credefi, EtherGem, AIAI Bsc, and many others. To see a full list, see our comparable market cap assets.

How many Ripio Credit Network are there?

The current circulating supply of Ripio Credit Network is 0.

Can I buy Ripio Credit Network on Coinbase?

Yes, Ripio Credit Network is currently available on Coinbase wallet. For more detailed instructions, check out our helpful how to buy Ripio Credit Network guide.