$XRP is the original token for the XRP ledger, which is a decentralized first-layer blockchain designed for institutional use on a global scale. XRP enables affordable cross-border payments and facilitates transactions between different currencies. Key features of XRP include:

- *Transaction Speed*: Settling transactions in 3-5 seconds at a fraction of a cent per transaction

- *Scalability*: Processing 1500 transactions per second

- *Environmental Sustainability*: Carbon-free and energy-efficient

- *Regulatory Clarity*: Designed not to be a security in the United States, providing a foundation for regulatory clarity