#XRPETFs

XRP is a digital currency created by Ripple Labs to facilitate fast and low-cost international money transfers. Unlike Bitcoin, XRP transactions are validated by a network of independent validators rather than energy-intensive mining. It aims to serve as a bridge currency in financial systems, allowing quick exchange between different fiat currencies. XRP’s ledger can process thousands of transactions per second, making it attractive to banks and financial institutions. Its supply is pre-mined, with Ripple controlling a significant portion. XRP’s value and adoption largely depend on its integration into banking networks and ongoing regulatory developments surrounding cryptocurrencies.