Explore my portfolio mix. Follow to see how I invest!XRP is the native digital asset of the XRP Ledger, an open-source blockchain designed for fast, low-cost global payments. Unlike Bitcoin's proof-of-work, XRP utilizes a unique Federated Consensus mechanism for transaction validation, making it energy-efficient.
XRP aims to facilitate cross-border payments for financial institutions and individuals. While the cryptocurrency is independent, it is closely associated with Ripple Labs, a company leveraging the XRP Ledger for its payment solutions. With a finite supply of 100 billion coins, XRP serves as a bridge currency for efficient value transfer worldwide.