#BinanceSquare XRP — cryptocurrency from Ripple, created for fast and cheap international transfers.
Prospects briefly and essentially:
• Advantages:
• Support from major banks and financial institutions.
• High transaction speed and minimal fees.
• Partial victory in court with the SEC in 2023 improved market confidence.
• Disadvantages:
• Ongoing legal uncertainty in the USA.
• Centralized model (according to critics) may deter the decentralized community.
Conclusion:
XRP remains relevant for fintech and interbank transfers, but its growth largely depends on the outcome of legal issues and the mass adoption of RippleNet.