Since 2015, Ripple and an advisory team made up of a diverse set of leading transaction bankers have been building the Rulebook, a common framework that ensures operational consistency and legal clarity for every transaction. This group actively advises on maintaining and enhancing the rules and standards as RippleNet grows.
One Simple Integration
Participants can transact with anyone on Ripple’s growing global real-time payment network through a single agreement.
Functional standards, payment rules and industry-led governance ensure a consistent payment experience.
The Rulebook offers clarity and operational certainty for the roles and responsibilities of network participants.
Ripple’s network uses a common framework, created in consultation with the RippleNet Committee, for processing global payments.
Rights and Obligations of Participants
Commercial Framework Eligibility Criteria
Business and Operational Rules
Functional Standards SLA for Network Members
Development and Evolution Administration and Compliance
ISO 20022: Evolve to meet the new global standard.
The world is converging on a new global standard for modern cross-border payments—ISO 20022.
To help enable this next step in global interoperability and meet the evolving needs of our customers, Ripple is now part of the ISO 20022 Standards Body—the first member focused on Distributed Ledger Technology (DLT).