Cryptocurrency

Ripple job opening

Ripple is bringing on a senior product manager for its Xpring division, marking another step in the company's push to give developers worldwide access to blockchain-powered payment tools. The job pos

By Aubrey Swanson··2 min read
Ripple job opening

Key Points

  • Ripple is bringing on a senior product manager for its Xpring division, marking another step in the company's push to give developers worldwide access to blockchain-powered payment tools.

Ripple is bringing on a senior product manager for its Xpring division, marking another step in the company's push to give developers worldwide access to blockchain-powered payment tools.

The job posting lays out the mandate: someone to "helm the cross-functional team responsible for building a robust, global developer ecosystem through Xpring developer platform." Xpring's description emphasizes scope and ambition. "Our team works with the largest developer audience possible," the posting reads. "We are engineers + storytellers, representing Xpring to communities all around the world, inspiring the creation of the future where money flows like data today."

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The timing reflects a larger shift underway. Blockchain has existed for over a decade, but governments and enterprises have moved to integrate the technology into their operations in earnest. That pivot opens the door to demand for payment systems that can handle transactions at scale without routing through traditional banking infrastructure.

Ripple has demonstrated the concept with a working product. Payburner, a project from one of the company's product directors, shows what an XRP-based payment platform looks like in practice. The platform processes payments with minimal friction. Merchants pay 1% per transaction and can set up the system in 20 minutes, making it both straightforward and cost-effective. The project serves as a proof of concept that developers could build on.

Ripple isn't moving alone. Huobi, a major player in the crypto space, announced a new DeFi division with matching goals. The exchange is building toward a global financial system with input from the broader crypto community. Sharlyn Wu, chief investment officer of Huobi Labs, outlined the vision in a statement: "There is also a lot of investor education to do in order to bring crypto and DeFi to mainstream users. As DeFi is still in its infancy, it needs collective efforts from the global community to build and grow the space together."

Both Ripple and Huobi are pursuing the same outcome. Get payment tools into the hands of developers across the world, and the infrastructure for decentralized finance takes root and expands from there.

MiningPool content is intended for information and educational purposes only and does not constitute financial, investment, or legal advice.

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