$XRP XRP – is a native digital asset on the XRP Ledger (XRPL) blockchain, originally created for payments. XRP primarily facilitates transactions on the network and connects currencies on the native decentralized exchange of the XRP Ledger. XRP is a digital asset native to the XRP Ledger – an open, public, and decentralized blockchain technology. Created in 2012 specifically for payments, XRP can execute transactions in the ledger in 3-5 seconds, utilizing a network of trusted validators to verify transactions in the ledger. XRP can be sent directly, without the need for a centralized intermediary, making it a convenient tool for quickly and efficiently bridging two different currencies. It is freely traded on the open market and used in the real world for making cross-border payments and microtransactions. XRP can also be used for exchanging different currencies and accessing cryptocurrency liquidity.