$XRP XRP, XRPL (XRP Ledger) is used for peer-to-peer payments due to its fast block time, high throughput, and quick transactions. The company that developed it, Ripple, is in a legal battle with the U.S. SEC (Securities and Exchange Commission). A decision has been made in favor and against both parties in this legal battle.

Detailed Explanation:

XRP and XRPL:

XRP (Ripple) is a cryptocurrency that operates on a distributed ledger technology called XRPL (XRP Ledger). XRPL is an open-source protocol used to transfer payments, tokens, and other values. thanks