XRP

Brand Details

Type: Product

Description: XRP is a cryptocurrency and the native token of the XRP Ledger (XRPL), an open-source, public blockchain. It's designed to facilitate fast, secure, and low-cost international payments, acting as a bridge between different currencies and networks. Think of it as a way to send money internationally without needing a bank or payment processor. XRP transactions are processed quickly (within seconds) and use less energy than some other cryptocurrencies. Ripple, a blockchain technology company, uses XRP on its Ripple Net payment platform to help financial institutions, businesses, and organizations make transactions. While primarily used for international payments and facilitating on-demand liquidity and fund transfers, XRP can also be used for storing value and profiting from price fluctuations. It's available on many exchanges and is considered a relatively efficient and cost-effective method of international money transfer.

Website: https://xrpl.org