#xrpetf
XRP is a digital asset created by Ripple Labs in 2012, designed to facilitate fast and cost-effective cross-border payments. Unlike many cryptocurrencies, XRP operates on the XRP Ledger, a decentralized and open-source blockchain technology. Its primary function is to serve as a bridge currency for transferring value between different fiat currencies, making transactions quicker and cheaper. XRP has gained traction among financial institutions for its efficiency and scalability, positioning itself as a viable alternative to traditional banking systems. As the cryptocurrency landscape evolves, XRP continues to play a significant role in the future of digital finance.