XRP (Ripple)
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What Is XRP?
XRP is the native cryptocurrency of the Ripple network, designed to facilitate fast and low-cost international payments. Unlike traditional blockchains, Ripple uses a consensus protocol to validate transactions.
XRP is used by financial institutions to settle cross-border payments in seconds, with minimal fees. Its goal is to replace SWIFT and other legacy systems with blockchain-powered efficiency.
Ripple Labs continues to expand partnerships with banks and payment providers globally, making XRP a key player in real-world crypto adoption.
Where to Buy XRP
XRP Key Stats
- Launch Year: 2012
- Consensus: Ripple Protocol Consensus Algorithm
- Max Supply: 100 billion XRP
- Use Cases: Cross-border payments, financial settlement
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