XRP is one of the most well-known and controversial cryptocurrencies in the market, created by Ripple Labs in 2012. Its main goal is to revolutionize international payments, making them fast, cheap, and efficient. Let's uncover its secrets, controversies, and potential.

What is the $XRP For?

Bridge between traditional currencies: Facilitates global transfers between different currencies (e.g., USD → EUR) in 3-5 seconds.

Alternative to SWIFT: Banks and institutions use Ripple's technology (RippleNet) to reduce costs (up to 60% cheaper than traditional methods).

On-demand liquidity: XRP is used as a "bridge currency" to avoid pre-funding in international accounts.