Armed with the order book data, which tells us the prices we would receive for different payment sizes, we can now calculate the foreign exchange rate (“FX rate”) that we would receive when using an intermediary currency like XRP.

Every time we get paid or buy something, we inevitably face the decision of how to pay. But it’s not always clear how those decisions affect the environment. One of this year’s most exciting initiatives at Ripple is our commitment to be carbon net-zero by…

In part 1 of our series, we discussed the motivation and framework behind measuring the environmental cost of a payment transaction. We also talked about the methodology for credit card networks. In this post, we continue to cover the environmental impact…