$XRP

XRP is a cryptocurrency created by Ripple Labs in 2012, designed to facilitate fast and cost-effective transfers between financial institutions. Its technology allows transactions to be completed in seconds, making it an attractive option for banks and companies looking to optimize their payment processes. Unlike other cryptocurrencies, XRP is not mined; instead, a total of 100 billion tokens are issued. Despite facing regulatory challenges, especially in the United States, XRP remains one of the leading cryptocurrencies in the market, standing out for its focus on utility and interoperability.