$XRP

XRP is a digital asset designed for fast, low-cost cross-border payments. Created by Ripple Labs, it operates on the XRP Ledger, a decentralized blockchain that processes transactions in seconds with minimal fees. Unlike Bitcoin, XRP doesn’t rely on mining but uses a consensus protocol for validation. Its primary use case is facilitating international money transfers and improving liquidity in financial institutions. Major banks and payment providers have explored or adopted Ripple’s technology. Despite regulatory challenges, including an ongoing legal battle with the SEC, XRP remains a significant player in the crypto space, with a strong community and institutional interest.