#XRP is a digital token created by Ripple, a company focused on fast and cheap international money transfers. Think of XRP as a kind of internet money that banks and financial institutions can use to send payments across borders quickly, like sending an email, instead of waiting days for traditional bank transfers. It’s not controlled by any government, and transactions are recorded on a public digital ledger called the XRP Ledger, which is secure and transparent.

Here’s the gist:#BinanceAlphaPoints

Purpose: Speeds up and lowers the cost of cross-border payments.

How it works: XRP acts as a bridge between different currencies, so you can send dollars and someone receives euros, for example.

Supply: There are 100 billion XRP tokens total, with about 60 billion in circulation as of now.

Speed: Transactions settle in 3-5 seconds.

Use case: Mostly used by financial institutions, but anyone can use it for peer-to-peer payments.#Binance

You can buy XRP on crypto exchanges, but its price can be volatile, like most cryptocurrencies. Ripple’s goal is to make global payments smoother, and XRP is the tool for that.