XRP is considered one of the most prominent cryptocurrencies used in international payments due to its unique features. XRP operates on the XRP Ledger, a decentralized open-source network known for its high speed and scalability, allowing for faster and less costly transaction processing compared to traditional networks. XRP enables almost instantaneous money transfers, making it ideal for cross-border payments. Additionally, XRP is environmentally friendly as it does not rely on energy-intensive mining processes, reducing its environmental impact. The XRP network also provides a high level of security and transparency, making it reliable for financial institutions. Ripple, the company that developed XRP, uses the currency to facilitate international payments and improve the efficiency of the global financial system. XRP is an effective solution to liquidity and cost issues in international financial transfers, making it an attractive option for banks and financial institutions.