$XRP The official token of the currency in the system is XRP and is already being adopted by various financial institutions that are using Blockchain technology as a replacement for the traditional methods used by banks.
The company that solidified the Ripple protocol was Ripple Labs, in 2012. Based in San Francisco, California, USA. Ripple Labs is a venture capital investment company that develops global payment solutions for financial institutions. It was co-founded by CEO Chris Larsen and CTO Jed McCaleb. Chris Larsen owns approximately 5.19 billion units of XRP.
The growth of XRP can occur at any moment, provided there are partnerships with major brands and companies and greater acceptance among businesses and investors.