#XRPETFs XRP is a cryptocurrency developed by Ripple Labs, designed to facilitate fast and low-cost payments globally. Unlike Bitcoin, it does not use mining; all XRP were pre-mined, allowing for faster and more efficient transactions. Its protocol is based on a distributed consensus among independent validators who confirm operations in seconds. XRP aims to be a bridge between different fiat currencies, offering instant liquidity for financial institutions. Its low transaction cost and high scalability position it as an attractive solution for international payments, although it faces regulatory challenges in some key markets, such as the United States.