Fundamental Analysis of XRP
What is XRP and who is behind it?
XRP is the native digital currency of the XRP Ledger, which was developed in 2011 by David Schwartz, Jed McCaleb, and Arthur Britto. XRP is used as a bridge to facilitate the transfer of money between different currencies quickly and efficiently, making it ideal for cross-border payments.
Ripple Labs was founded in 2012 under the name OpenCoin, and was renamed to Ripple Labs in 2013. The company is currently led by CEO Brad Garlinghouse, and is one of the leading companies in the fintech sector, providing solutions for financial institutions to integrate blockchain technology and digital assets into their operations.
