XRP

What is XRP?

Cryptocurrency XRP serves as Ripple's native token. Compared to bitcoin, it is more affordable, has faster transaction times, is environmentally friendly, and is more scalable. XRP is also known as Ripple. However, it's crucial to understand that XRP is a digital asset that is open-source and separate from the technological business Ripple. Ripple's solutions to assist clients in remaining compliant employ XRP as the technology since it is quick, efficient, dependable, carbon-neutral, and speedy.

Transactions on the XRP ledger (XRPL), a decentralized, open-source blockchain, are made possible by the Ripple transaction protocol (RTXP). With a maximum token supply of 100 billion, XRP is pre-mined, in contrast to the majority of cryptocurrencies.