$XRP XRP is the native cryptocurrency of the Ripple network, designed to facilitate fast and low-cost international payments. Unlike other cryptocurrencies, XRP does not use mining; its supply was pre-mined, allowing for more energy-efficient transactions. Ripple Labs, the company behind XRP, collaborates with banks and financial entities to provide liquidity solutions and nearly instant cross-border transfers. XRP has faced regulatory challenges, such as its legal dispute with the SEC in the United States, which has influenced its price and adoption. Despite this, it remains one of the most relevant cryptocurrencies in the digital financial ecosystem due to its focus on the banking sector.