What is XRP?

XRP is a digital asset which is solely built for payments as It is the native digital asset on the XRP Ledger which is an an open-source, permissionless and decentralized blockchain technology that can settle transactions in about 3-5 seconds.  XRP is developed by Ripple Labs. Products of these are used for payment settlement, asset exchange.

When was XRP invented ?

Ripple or XRP prices raised in 2021, but hadn’t yet reached the peaks from late 2017, which in turns making this digital coin little bit different from other cryptocurrencies.

Importance of XRP?

XRP is a token used for the transfer of values across the Ripple Network. The main purpose of XRP is to be a mediator for other cryptocurrencies and fiat exchanges. The best way to describe XRP is a 'Joker' the card that can be any other card and not the creepy Batman enemy.

Future of XRP ?

XRP is also a good investment for thematic investors in the financial sector. XRP is a coin which is aimed at the mainstream financial institutions. This means that the people which are looking to invest in the future of transactions and payment would have a good shot at looking at XRP.

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