$XRP A unlike most other cryptocurrencies, XRP is controlled by a single company called Ripple.

The company Ripple is developing and issuing the native cryptocurrency XRP of the Ripple network.

The open-source protocol and network of Ripple are already used by banks and other institutions.

The Ripple network is positioning itself not as a direct competitor to cryptocurrencies, but as a more updated version of the SWIFT system used by banks.

There is no mining process to mint new units of XRP.

There is a pre-mined amount of 100 billion units of XRP, but only a fraction is circulating.

In this article, you will learn the basics of Ripple and XRP.